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IRS: New Email Phishing Combines W-2 Theft, Wire Fraud

IRS is warning of one of the “most dangerous” kinds of phishing scams in which fraudsters are successfully tricking organizations into sending wage data on employees and then making fraudulent wire transfers. Fraudsters have widened their pool of potential victims beyond corporations to school districts, not-for-profit organizations, tribal casinos, chain restaurants and temporary staffing agencies. Some companies have already lost thousands of dollars to this fraud this year, the IRS says. The scam is simple social engineering that takes advantage of weak internal controls.”]

Source: https://www.govinfosecurity.com/irs-new-email-phishing-combines-w-2-theft-wire-fraud-a-9666

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