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Men's Weekly

The $500 million ATO fraud highlights flaws in the myGov ID system. Here's how to keep your data safe

  • Written by Rob Nicholls, Associate professor of regulation and governance, UNSW Sydney
The $500 million ATO fraud highlights flaws in the myGov ID system. Here's how to keep your data safeShutterstock

The Australian Tax Office (ATO) paid out more than half a billion dollars to cyber criminals between July 2021 and February 2023, according to an ABC report.

Most of the payments were for small amounts (less than A$5,000) and were not flagged by the ATO’s own monitoring systems.

The fraudsters exploited a weakness in the...

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