Introduction With the end of the financial year (EOFY) fast approaching, it’s more important now than ever for businesses to be even more vigilant and take stock of their online security. Tax season is a time of increased cyber threats and is ripe for cybercriminals and scammers to strike. Ways AI Is Being Utilised In EOFY Scams While the types of threats remain similar, they have become more sophisticated due to artificial intelligence (AI), enabling more personalised and automated phishing attempts via email and SMS. These scams often leverage themes like unclaimed refunds or urgent tax payments, using convincing logos such as the Australian Tax Office (ATO) and language such as the need to action ...