FBI Warns of Spike in W2 Phishing But Two Central Texas Employers Fall For The Scam

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The FBI has joined the IRS in warning that W2 tax form phishing is on the rise.

The US tax filing deadline is now less than a month-and-a-half away, and tax-themed phishing is trending up. Compromised or spoofed emails purporting to be from a company executive are received by the human resources department. Those emails request W2 information.

That’s simply the lead-in to the scam’s ultimate goals, which are usually one of the following: either collection of personal information on employees, fraudulent wire transfers of company funds, or both! The emails asking for W2 information often contain the wire transfer request.

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KnowBe4, the provider of the world’s most popular integrated new school security awareness training and simulated phishing platform, is used by more than 9,500 organizations worldwide. Founded by data and IT security expert Stu Sjouwerman, KnowBe4 helps organizations address the human element of security by raising awareness of ransomware, CEO Fraud and other social engineering tactics through a new school approach to security awareness training. Kevin Mitnick, internationally recognized computer security expert and KnowBe4’s Chief Hacking Officer, helped design KnowBe4’s trainings based on his well-documented social engineering tactics. Thousands of organizations trust KnowBe4 to mobilize their end-users as the last line of corporate IT defense.

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