Phishing Schemes

Nine Ways To Avoid Getting Hooked By W-2 Phishing Schemes

Scammers pose via email as a senior company executive and request HR and Finance managers provide them copies of employee tax forms. Once a complete set is obtained, they sell it on the black market. Between $4 to $20 per form can be raked in by selling off the individual pieces of employee identity W-2s contain or using them to file tax returns and taking the refunds. It’s trapped a surprising number of small business managers and the problem’s only escalating.