Data breaches upping ATO fraud ‘red flags’

Asha Barbaschow reports:

The Australian Taxation Office (ATO) has a “red flag” feature, which serves up a “ping” whenever an individual or business has been suspected of having fraudulent activity conducted against their name or if their account has been compromised.

Facing Senate Estimates on Tuesday, ATO client engagement second commissioner Jeremy Hirschhorn explained that this ping was effectively a caveat on taxpayers’ affairs.

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