Preventing Cyber Crime During Tax Time

It is that time again for tax season, which means it is also a great time for threat actors to target taxpayers and their data. Threat actors are after W-2 information and personally identifiable information such as Social Security numbers, dates of birth, bank account or credit card numbers, and drivers’ license numbers. With this information, threat actors can file fraudulent tax returns to collect refund money and engage in other identity theft schemes. According to the IRS, tax-related scams meant to steal data or money via social engineering tactics increased 60 percent between 2017 and 2018. For information on common tax scams and ways to protect your money and your data during tax season, please review the updated NJCCIC Be Sure to Secure post “Tax Scams and Identity Theft: What You Need to Know.”