Don’t let this scam spoil your Christmas

Don’t let this scam spoil your Christmas

We’ve recently become aware of a new scam that appears to be doing the rounds for anyone with a registered business name.

The scam appears as an email from ASIC with the title “Steps to renew your business names”

It includes a link to a malicious website masked as an ASIC address which asks you to enter your contact details and credit card information.

While the letter looks official, there are a few things that confirm it is definitely not from ASIC:

  • Hovering your mouse over the “From” email address you’ll see it is from an obscure domain unrelated to ASIC,
  • Similarly with the link to “renew”, hovering over the link reveals the destination to be a suspicious website,
  • The renewal fee it requests you to pay is listed as $99, however legitimate ASIC business name renewal fees start at $35 for one year,
  • Because renewal dates are publicly available, this scam email will arrive approximately 2 weeks before the official ASIC renewal notice.

Here is an example of a scam email from 5 December:

To help protect yourself:

  • keep your anti-virus software up to date
  • be wary of emails that don’t address you by name or misspell your details and have unknown attachments
  • don’t click any links in a suspicious email

You can also check your registration renewal date; ASIC will only issue a renewal notice 30 days before your renewal date. You can search for your business name on the ASIC register and if it’s outside the usual timeframe, it might be a scam.

If you’re unsure of the legitimacy of an email, you should contact ASIC or our office.