Blog | G5 Cyber Security

29,000 taxpayers affected by W-2 scams, IRS issues new warning

Business Email Compromise (BEC) attacks have affected at least 29,534 taxpayers. The IRS has issued a new warning to employers, urging them to stay alert. BEC attacks are essentially Phishing scams, or Spear Phishing since the criminals have a specific target. In 2016, at least 145 organizations fell victim to BEC scams, exposing tens of thousands of employees to tax fraud and identity theft. This year, the IRS says the W-2 scam has moved beyond corporations, expanding to schools, tribal organizations, and nonprofits.”]

Source: https://www.csoonline.com/article/3165418/29000-taxpayers-affected-by-w-2-scams-irs-issues-new-warning.html

Exit mobile version