News & Analysis as of July 16, 2025

Cybersecurity › Tax Returns › Cyber Attacks

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Follow this channel for advisories on one of the biggest threats to businesses today. Read a morning brief of fresh guidance and commentary by leading lawyers on security, privacy, risk... more +

Follow this channel for advisories on one of the biggest threats to businesses today. Read a morning brief of fresh guidance and commentary by leading lawyers on security, privacy, risk management, global regulations, data protection, leaks, hacking, cyber insurance, compliance, HIPAA, and every other aspect of cybersecurity of import to corporate readers right now. less -

Tax Season = Phishing Season

Goldberg Segalla on 4/9/2025

Most professionals are aware of the April 15 tax deadline. We know that fraudsters certainly are! As Tax Day approaches in the U.S., we encourage all to be mindful of several phishing campaigns that Microsoft has observed...more

How to Defend Against Identity Theft This Tax Season

J.S. Held on 12/6/2024

In recent years, identity theft cases have surged, especially during tax season. According to the Internal Revenue Service (IRS), in 2022, the federal agency identified and prevented USD 5.7 billion in tax-related fraud, and...more

Why Family Offices Turn to Embedded Security Managers for Security, Safety, and Peace of Mind.

Guidepost Solutions LLC on 12/13/2022

A recent Forbes article details the significant growth of family offices worldwide, particularly in North America. While not as large as titans like Walton Enterprises LLC or Bezos Expeditions, these new single and...more

Tax Season Becomes "Spear Phishing" Season for Cybercriminals

Baker Donelson on 1/19/2017

Imagine this scenario. Your HR team receives an email from your CEO: "I want you to send me W-2s of employees' wage and tax statement for 2015, I need them in PDF file type, you can send it as an attachment." They hurry to...more

2016 was the Year of the Data Breach

Robinson+Cole Data Privacy + Security Insider on 12/30/2016

Although every year we lament about the significance of data breaches in the past year, 2016 was by far the worst. Data breaches were rampant, victimizing every industry and numbing consumers in the process. It was so bad...more

Senate Legislation Seeks To Protect Taxpayer Data In Response To IRS Data Breach

King & Spalding on 9/24/2015

On September 11, 2015, Senate Finance Committee Chairman Orrin Hatch (R-UT) and Ranking Member Ron Wyden (D-OR) introduced a bill aimed at combating identity theft and tax rebate fraud. The legislation comes as the Internal...more

The IRS Acknowledges Data Breach Worse Than Reported

King & Spalding on 8/28/2015

On August 17, 2015, the Internal Revenue Service (“IRS”) announced that a breach of U.S. taxpayers’ personal information, first disclosed in May, was three times worse than previously thought. While initial reports indicated...more

IRS Admits Security Breach More Extensive

Lowndes on 8/18/2015

Earlier this year, the IRS announced that identity thieves had been able to hack one of its computer databases and gain access to extremely sensitive data. Back then, the IRS indicated that about 225,000 households had been...more

IRS Data Breach Draws Congressional Ire

King & Spalding on 6/3/2015

Responding to the recently disclosed Internal Revenue Service (“IRS”) data breach, congressional leaders are demanding answers from the agency regarding its handling of confidential tax information. Senate Finance Committee...more

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