Combating Employee Phishing Scams During Tax Season
Law360 (April 9, 2018, 11:58 AM EDT) -- Tax season can be daunting and downright frightening without the added fear of tax scams that seek to siphon money from you and your employees. In recent years, one of the biggest tax scams aims to acquire sensitive information from W-2 tax forms and then uses that information to file fraudulent tax returns or to redirect tax refunds into the scammer’s account.
These W-2 phishing scams are a type of cyberattack used to trick organizations into disclosing sensitive payroll information, such as employee names, Social Security numbers and income information, of an entire workforce. How does this work? Cybercriminals use “spoofing...
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