IRS abandons facial recognition plans for online services

Credit to Author: Christopher Boyd| Date: Wed, 09 Feb 2022 15:19:35 +0000

After multiple objections, the IRS is abandoning plans to integrate facial recognition tech into its online services.

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How Phishers Are Slinking Their Links Into LinkedIn

Credit to Author: BrianKrebs| Date: Thu, 03 Feb 2022 18:49:38 +0000

If you received a link to LinkedIn.com via email, SMS or instant message, would you click it? Spammers, phishers and other ne’er-do-wells are hoping you will, because they’ve long taken advantage of a marketing feature on the business networking site which lets them create a LinkedIn.com link that bounces your browser to other websites, such as phishing pages that mimic top online brands (but chiefly Linkedin’s parent firm Microsoft).

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A Light at the End of Liberty Reserve’s Demise?

Credit to Author: BrianKrebs| Date: Fri, 14 Feb 2020 18:48:39 +0000

In May 2013, the U.S. Justice Department seized Liberty Reserve, alleging the virtual currency service acted as a $6 billion financial hub for the cybercrime world. Prompted by assurances that the government would one day afford Liberty Reserve users a chance to reclaim any funds seized as part of the takedown, KrebsOnSecurity filed a claim shortly thereafter to see if and when this process might take place. This week, an investigator with the U.S. Internal Revenue service finally got in touch to discuss my claim.

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Here are the most popular robocall scams and how to avoid them

Credit to Author: Christopher Boyd| Date: Wed, 06 Nov 2019 18:52:11 +0000

We dip back into robocall scams, exploring some of the most popular tricks and tactics used to part people from their money and personal information.

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When Identity Thieves Hack Your Accountant

Credit to Author: BrianKrebs| Date: Wed, 11 Apr 2018 18:11:26 +0000

The Internal Revenue Service has been urging tax preparation firms to step up their cybersecurity efforts this year, warning that identity thieves and hackers increasingly are targeting certified public accountants (CPAs) in a bid to siphon oodles of sensitive personal and financial data on taxpayers. This is the story of a CPA in New Jersey whose compromise by malware led to identity theft and phony tax refund requests filed on behalf of his clients.

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IRS Scam Leverages Hacked Tax Preparers, Client Bank Accounts

Credit to Author: BrianKrebs| Date: Mon, 19 Feb 2018 14:44:49 +0000

Identity thieves who specialize in tax refund fraud have been busy of late hacking online accounts at multiple tax preparation firms, using them to file phony refund requests. Once the Internal Revenue Service processes the return and deposits money into bank accounts of the hacked firms’ clients, the crooks contact those clients posing as a collection agency and demand that the money be “returned.” In one version of the scam, criminals are pretending to be debt collection agency officials acting on behalf of the IRS. They’ll call taxpayers who’ve had fraudulent tax refunds deposited into their bank accounts, claim the refund was deposited in error, and threaten recipients with criminal charges if they fail to forward the money to the collection agency. This is exactly what happened to a number of customers at a half dozen banks in Oklahoma earlier this month. Elaine Dodd, executive vice president of the fraud division at the Oklahoma Bankers Association, said many financial institutions in the Oklahoma City area had “a good number of customers” who had large sums deposited into their bank accounts at the same time.

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File Your Taxes Before Scammers Do It For You

Credit to Author: BrianKrebs| Date: Mon, 29 Jan 2018 14:44:23 +0000

Today, Jan. 29, is officially the first day of the 2018 tax-filing season, also known as the day that fraudsters start requesting phony tax refunds in the names of identity theft victims. Want to minimize the chances of getting hit by tax refund fraud this year? File your taxes before the bad guys can! Tax refund fraud affects hundreds of thousands, if not millions, of U.S. citizens annually. Victims usually first learn of the crime after having their returns rejected because scammers beat them to it. Even those who are not required to file a return can be victims of refund fraud, as can those who are not actually due a refund from the IRS.

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Registered at SSA.GOV? Good for You, But Keep Your Guard Up

Credit to Author: BrianKrebs| Date: Fri, 26 Jan 2018 19:43:29 +0000

KrebsOnSecurity has long warned readers to plant your own flag at the my Social Security online portal of the U.S. Social Security Administration (SSA) — even if you are not yet drawing benefits from the agency — because identity thieves have been registering accounts in peoples’ names and siphoning retirement and/or disability funds. This is the story of a Midwest couple that took all the right precautions and still got hit by ID thieves who impersonated them to the SSA directly over the phone. In mid-December 2017 this author heard from Ed Eckenstein, a longtime reader in Oklahoma whose wife Ruth had just received a snail mail letter from the SSA about successfully applying to withdraw benefits. The letter confirmed she’d requested a one-time transfer of more than $11,000 from her SSA account. The couple said they were perplexed because both previously had taken my advice and registered accounts with MySocialSecurity, even though Ruth had not yet chosen to start receiving SSA benefits.

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