On Tuesday, the Internal Revenue Service (IRS) warned businesses of spear-phishing emails. These emails are targeted at tax professionals and may result in a data breach.
“We are seeing repeated instances of cybercriminals targeting tax professionals and obtaining sensitive client information that can be used to file fraudulent tax returns. Spear phishing emails are a common way to target tax professionals,” IRS Commissioner John Koskinen said in a press release. “We urge practitioners to review this information and take steps to protect themselves and their clients.”
Phishing emails are often disguised with shoddy versions of logos and names of well-known organizations. They try to entice the user to click on a link, or download an attachment that actually installs malware. Once the malware is installed, the device may even be ‘taken hostage’ while information is stolen. If taxpayer information is stolen, it may result in identity theft or fraudulently filed tax returns.
Protect your clients and your business by knowing the signs of a phishing scam: