It’s the end of another financial new year. With technology, what used to be a busy period of balancing books, collecting receipts and lodging return forms has become a quick and easy online process; but one not without risk for individuals, families and small businesses. Research shows that over 200,000 Australian small businesses were impacted by cyber threats in 2017. Alarmingly, almost one in three businesses who fell victim to cybercrime believed they had a low to very low risk of becoming a cybercrime victim.
Practicing basic behaviours, such as proper password hygiene and taking ownership of your identify will go a long way. Here are the ten top tax time tips to help businesses and local residents protect themselves from online fraud during EOFY.
Mark Gorrie, ANZ Security Expert, Norton