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Protect Sensitive Tax Information

Tax time is coming — and if you didn’t already have enough to think about, you should also be on the lookout for IRS-related phishing attacks. The tax agency’s Online Fraud Detection & Prevention Center reports that cybercriminals are increasingly trying to scoop up W-2 data in bulk by targeting HR professionals who handle payroll and other employee financial data.

Most commonly, these attempts involve compromised or spoofed emails that look like they come from a manager. The emails request W-2 information, sometimes followed by or combined with a request for an unauthorized wire transfer.

The IRS offers detailed advice about how to handle these phishing attempts, whether or not they successfully trick someone into compromising sensitive tax data. Xantrion can help you teach your employees how to recognize a social engineering attack. Call us today as part of your tax prep work.