Cyber security and cyber safety have been hot topics in recent years, particularly when it comes to safeguarding your financial information. But how do you protect your identity and personal information in this digital age? Here are some tips:
- Don’t click on any suspicious links or links from any unverified sources. The ATO announced in January 2024 that they are removing hyperlinks from all SMS communications.
- Do not give out your TFN, date of birth, or bank account details, unless you are dealing with a trusted person or reputable company.
- Always verify an email’s sender by checking the email address next to the name. It may look like a person you know as the name is correct, but the email address may be fraudulent. This is called ‘Display Name Spoofing’ and is a common phishing attack.
- Ensure you have enabled Multi-Factor Authentication set up where possible, to provide an extra layer of security.
- If you use MyGov or other financial sites, ensure that you log in regularly to note any suspicious activity. We have seen instances of tax returns lodged through myTax fraudulently, as well as bank accounts and addresses changed on accounts.
- Check your credit card and bank accounts regularly to ensure it has not been compromised. Where possible use PayPal or similar formats rather than entering your credit card details directly onto a website. Make it a habit to verify that any online payments you make are conducted using an encrypted payment portal.
- Never write your passwords down or store them as “Notes” on your phone. Both Apple and Android phones have password managers.
When it comes to receiving communications from Gibson Clark, if you have any doubts, please contact us to check first before opening a message. Whether it is a legitimate contact or not, we have no qualms about providing you with security and helping you build good information protection habits.
