Phishing Scams news and trends

Security Summit Alerts Tax Professionals to Growing Threat of Identity Theft
Security & Fraud // July 24, 2024

The Security Summit has issued a stern warning to tax professionals, urging them to heighten their awareness of indicators of identity theft as part of the ongoing “Protect Your Clients; Protect Yourself,” initiative. The IRS and its coalition of partners emphasized the shifting strategies of...

IRS Warns Tax Pros of ‘Barrage’ of Phishing Scams
Security & Fraud // July 16, 2024

The IRS is warning tax professionals of a rise in scams designed to steal taxpayer information. The tax agency and its “Security Summit” partners — a group of state tax agencies and private tax industry organizations — said Tuesday (July 16) they are seeing a...

Threat of Deepfakes Drives Two-Thirds of FinTechs to Boost Fraud Budgets
Fraud Prevention // July 12, 2023

For every new fraud scheme that pops up, dozens of FinTechs are responding to quash it. Yet despite their expertise in cutting-edge technology, FinTechs are far from invulnerable to attacks themselves. A recent PYMNTS report found that FinTechs, on average, lose $51 million every year...

Phishers Target Amex, NAB Clients
B2B Payments // August 23, 2018

Customers of National Australia Bank (NAB) and American Express became the targets of a recent phishing scam spree in Australia, according to MailGuard reports this week. The business cybersecurity company issued a notice on its blog on Tuesday (Aug. 21) that clients of NAB and...

Interviews & Exclusives
Security Summit Alerts Tax Professionals to Growing Threat of Identity Theft

July 24, 2024
The Security Summit has issued a stern warning to tax professionals, urging them to heighten their awareness of indicators of identity theft as part of the ongoing “Protect Your Clients; Protect Yourself,” initiative. The IRS and its coalition of partners emphasized the shifting strategies of identity thieves, who are targeting tax professionals to access detailed […]

Quick Reads
Santander and HSBC Join Government Warnings on QR Code-Based Cyberattacks

October 27, 2024
First came phishing. Now, consumers and cyberdefenders need to guard against “quishing.” As the Financial Times (FT) reported Sunday (Oct. 27), banks and regulators are warning against the rise of this type of phishing scam, which involves QR codes.  Banks such as Santander and HSBC have joined the UK National Cyber Security Centre and Federal […]

IRS Warns Tax Pros of ‘Barrage’ of Phishing Scams

July 16, 2024
The IRS is warning tax professionals of a rise in scams designed to steal taxpayer information. The tax agency and its “Security Summit” partners — a group of state tax...

Hackers Prey On Consumer Worry Over Equifax Breach

September 29, 2017
Equifax’s data breach, which may have impacted 143 million U.S. consumers, has resulted in digital thieves sending hundreds of thousands of phishing emails pretending to be a bank or financial...

Instagram Rolls Out Two-Factor Authentication

March 27, 2017
Just recently, Instagram joined the ranks of other social networks that allow their users to enable two-factor authentication. Security experts recommend that all users activate two-factor authentication options whenever possible. In...