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Scams are becoming increasingly harder for the community to identify. The 2022–23 scam data results are now available and they reflect a shift in how Australians are responding to fake emails, SMS and social media messages.
During this period, there were 25,609 ATO impersonation scams reported, an increase of over 25%. Despite the spike in this number, there has been a 75% decrease in the amount of money paid to scammers.
Scammers are becoming increasingly interested in harvesting personally identifying information (PII) rather than requesting payments. Divulging PII continues to be a way for scammers to compromise another’s identity, leading to difficulties with lodging tax returns and myGov logins. However, we saw a 71% decrease in people providing this information.
Please encourage your clients to stay vigilant, lock down their identity information and frequently sign into their online accounts to check for unusual changes.
(NB: Stopping scammers funds is the only way to stop them and the above shows we are learning. Keep up the good work!)
Latest scam data
Last financial year our data shows:
Source: ATO
In order to better serve you, please select the appropriate contact details for the department you are looking for below.
Department | Phone | |
---|---|---|
Financial Planning | (02) 8599 0835 (Option 1) | info@capitalwise.com.au |
Accounting | (02) 8599 0835 (Option 2) | accounting@capitalwise.com.au |
Conveyancing | (02) 8599 0835 (Option 3) | conveyancing@capitalwise.com.au |
Financial Planning
(02) 8599 0835 (Option 1)
info@capitalwise.com.au
Accounting
(02) 8599 0835 (Option 2)
accounting@capitalwise.com.au
Conveyancing
(02) 8599 0835 (Option 3)
conveyancing@capitalwise.com.au