As the holiday season ramps up, so do the activities of cybercriminals. The IRS and its Security Summit partners have issued a critical alert urging taxpayers to remain vigilant against holiday scams that threaten personal and financial data. The warning coincides with the launch of the 9th annual National Tax Security Awareness Week, an initiative dedicated to educating taxpayers and tax professionals on protecting sensitive information during this vulnerable time of year.
The Dual Threat: Holiday Shopping and Tax Season Scams
According to IRS Commissioner Danny Werfel, the combination of holiday shopping and the impending tax season creates a prime opportunity for scammers. Cybercriminals are employing increasingly sophisticated tactics, such as phishing emails and fraudulent messages, to steal sensitive information. These scams often target unsuspecting individuals with fake messages that appear to come from delivery services, the IRS, or tax professionals.
For instance, one common scam involves fraudulent emails or texts claiming a delivery issue. These messages direct recipients to click a link, which can lead to malware installation or personal data theft. Similarly, fake emails claiming to offer tax refunds or billing updates are also on the rise.
How to Stay Protected
To safeguard your information, follow these essential tips:
- Shop Smart Online: Only use websites with secure addresses starting with \”https://\” and do not shop while on public Wi-Fi.
- Update Security Software: Ensure all devices have the latest anti-virus software and firewall protection.
- Enable Multi-Factor Authentication: Strengthen online account security by requiring multiple verification steps.
- Watch Out for Phishing: Be cautious of emails and texts that request sensitive information or direct you to suspicious links.
- Use Strong Passwords: Create unique passwords for each online account and consider using a password manager.
Common Scams to Be Aware Of
Keep an eye out for these common phishing tactics scammers use to exploit victims:
- Phishing/Smishing: Generic emails or texts designed to trick users into clicking harmful links.
- Spear Phishing: Personalized attacks targeting specific individuals with realistic, deceptive messages.
- Clone Phishing: Duplication of legitimate emails with harmful links or attachments.
- Whaling: Attacks targeting executives or individuals with access to sensitive information.
What to Do if You’re Targeted
If you suspect that your personal information has been compromised, the IRS recommends filing a Form 14039, Identity Theft Affidavit. This can be done online or by submitting a paper form to the IRS.
Be sure to check out all of TNTMAX’s blogs for tips on how to stay protected this season!
