is being targeted by cybercriminals as they send out phishing, emails, a
fraudulent way to obtain information, promising recipients a tax rebate.
Cybercriminals are twice as likely to succeed in swindling users out of money
if they use the HMRC brand as opposed to a banks’ according to internet security
“Our research of millions of Internet users shows that the HMRC attacks are
twice as successful as banking phishes for the simple reason that taxpayers are
tempted by the prospect of a cash rebate direct to their bank account,” said
Mickey Boodaei, Trusteer’s CEO.
“HM Revenue & Customs (HMRC) would not inform customers of a tax rebate
via email, or invite them to complete an online form to receive a rebate of tax
” he added.
Just a week before the self-assessment filing deadline, 20,000 phishing
emails were sent out offering a tax rebate if an online form was completed.
Over 6m self-assessment submissions were made online this year, breaking the
previous record of 5.7m set last year.
Barclays has partnered with accounting software company Xero to provide businesses with access to transaction data through its direct feed.
Government's estimate of a £400m admin saving from Making Tax Digital is way off - and is instead a huge cost burden, warns Lamont Pridmore chief executive Graham Lamont
Xero unveiled its expanded global partner programme at Xerocon South, the accounting technology conference in Australasia
Accountancy software firm Sage has been hit by a data breach which may have compromised the personal details and bank account details of as many as 300 UK businesses