Tax Refund Fraud – Page 3 – Network Securitas

March 17, 2017

Govt. Cybersecurity Contractor Hit in W-2 Phishing Scam

This post was originally published on this siteJust a friendly reminder that phishing scams which spoof the boss and request W-2 tax data on employees are intensifying as tax time nears. The latest victim shows that even cybersecurity experts can fall prey to these increasingly sophisticated attacks. On Thursday, March 16, the CEO of Defense Point Security, LLC — a Virginia company that bills itself as “the choice provider of cyber security services to the federal government” — told all employees that their W-2 tax data was handed directly to fraudsters after someone inside the company got caught in a phisher’s […]

March 24, 2017

Phishing 101 at the School of Hard Knocks

This post was originally published on this siteA recent, massive spike in sophisticated and successful phishing attacks is prompting many universities to speed up timetables for deploying mandatory two-factor authentication (2FA) — requiring a one-time code in addition to a password — for access to student and faculty services online. This is the story of one university that accelerated plans to require 2FA after witnessing nearly twice as many phishing victims in the first two-and-half months of this year than it saw in all of 2015. Bowling Green State University in Ohio has more than 20,000 students and faculty, and like virtually […]

May 18, 2017

Fraudsters Exploited Lax Security at Equifax’s TALX Payroll Division

This post was originally published on this siteIdentity thieves who specialize in tax refund fraud had big help this past tax year from Equifax, one of the nation’s largest consumer data brokers and credit bureaus. The trouble stems from TALX, an Equifax subsidiary that provides online payroll, HR and tax services. Equifax says crooks were able to reset the 4-digit PIN given to customer employees as a password and then steal W-2 tax data after successfully answering personal questions about those employees. In a boilerplate text sent to several affected customers, Equifax said the unauthorized access to customers’ employee tax records happened between […]

May 22, 2017

Private Eye Allegedly Used Leaky Goverment Tool in Bid to Find Tax Data on Trump

This post was originally published on this siteIn March 2017, KrebsOnSecurity warned that thieves who perpetrate tax refund fraud with the U.S. Internal Revenue Service were leveraging a widely-used online student loan tool to find critical data on consumers that allows them to claim huge refunds with the IRS in someone else’s name. This week, it emerged that a Louisiana-based private investigator is being charged with using the same online tool to glean tax data on then-presidential candidate Donald J. Trump. A story today at Diverseeducation.com points to court filings in the U.S. District Court for the Middle District of Louisiana, in […]