News & Analysis as of

Phishing Scams Identity Theft

Jackson Lewis P.C.

AI versus MFA

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Ask any chief information security officer (CISO), cyber underwriter or risk manager, or cybersecurity attorney about what controls are critical for protecting an organization’s information systems, you’ll likely find...more

Foodman CPAs & Advisors

IRS Consumer Alert to Avoid Scams

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On 12/2/24, the IRS, along with its Security Summit partners, issued an IRS Consumer Alert and cautioned taxpayers to exercise heightened vigilance during their holiday shopping, as scammers are actively seeking personal...more

J.S. Held

How to Defend Against Identity Theft This Tax Season

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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

Foodman CPAs & Advisors

Smishing Y Phishing Inician Las Estafas De La Docena Sucia Anual Del IRS

El 3/28/24, el IRS inició su lista anual de la Docena Sucia (“Dirty Dozen”) con una advertencia para que los contribuyentes estén al tanto de la evolución de las estafas de smishing y phishing diseñadas para robar información...more

Foodman CPAs & Advisors

Smishing And Phishing Scams Kick Off IRS Annual Dirty Dozen

On 3/28/24, the IRS kicked off its annual Dirty Dozen list with a warning for taxpayers to be aware of evolving smishing and phishing scams designed to steal sensitive taxpayer information. Smishing and phishing scams arrive...more

K2 Integrity

Scanning, Chatting, And Shopping: Holiday Risks To Organizations

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Today’s mobile workforce means that many employees blend their personal and professional lives on the same devices, possibly putting organizations’ data at risk. During the holiday season, in the search for gifts, low prices,...more

Robinson+Cole Data Privacy + Security Insider

NYAG Settles with Personal Touch for $350,000 over Phishing Incident

According to a press release, Personal Touch, a home health company located on Long Island, has reached a settlement with New York Attorney General Letitia James for $350,000 for a data breach that occurred in January of 2021...more

StoneTurn

Elder Fraud During Tax Season: Schemes, Red Flags and Prevention Methods to Protect Your Loved Ones & Their Bank Accounts

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“Rejected.” Your pulse quickens as you read the letter your mother received from the IRS after filing her tax return. Someone else filed her taxes before you and collected her refund. You were hoping that money would help...more

Ankura

Combatting Financial Crime in the Metaverse

Ankura on

...The internet-enabled virtual world of the metaverse is capturing the imagination of so many people that by the end of the decade five billion could be using it, according to a forecast by Citi. The metaverse is also...more

Katten Muchin Rosenman LLP

5 Tips for Reducing Identity Theft Risk

Identity theft and cybercrime are now a multi-billion dollar industry causing severe harm to the individuals affected and the institutions we trust. In recognition of this unfortunate truth and Identity Theft Awareness Week,...more

Vinson & Elkins LLP

Identity Theft is Not a Joke, Jim! — Third Circuit Finds Standing to Sue for Employee Data Breach

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The United States Court of Appeals for the Third Circuit recently held that a plaintiff had standing to sue her former employer for a data breach that exposed her personal information to the “Dark Web” because she...more

Genova Burns LLC

Potential Harm Enough For Class Action to Proceed in Data Breach Litigation

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The Third Circuit Court of Appeals has given new life to a putative class action suit led by a former employee of a company that suffered a ransomware attack, leading to her sensitive information being released onto the Dark...more

Robinson & Cole LLP

Data Privacy + Cybersecurity Insider - August 2022 #2

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CYBERSECURITY - Twilio Hit with Social Engineering Smishing Scheme - We’ve explained smishing schemes before. Smishing is like phishing, but uses SMS texting to deliver malicious code to users’ phones, or tricks the user...more

Foodman CPAs & Advisors

Dirty Dozen For 2022

According to the IRS, the Dirty Dozen represents the worst of the worst tax scams. The Dirty Dozen is a list that is compiled annually by the IRS in order to alert taxpayers, tax professionals and financial institutions of...more

Robinson+Cole Data Privacy + Security Insider

Privacy Tip #313 – Data Breaches Aren’t Going Away Anytime Soon

According to The Identity Theft Research Center (ITRC), data breaches in 2021 surpassed the previous record year of 2020 by 17 percent. The incidents ranged from the theft of cryptocurrency (Livecoin went out of business...more

McDermott Will & Emery

Weekly IRS Roundup November 29 – December 3, 2021

McDermott Will & Emery on

Presented below is our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of November 29, 2021 – December 3, 2021... November 29, 2021: The IRS published a news release...more

Lowenstein Sandler LLP

Phishing: Cybersecurity’s Biggest Threat

Lowenstein Sandler LLP on

Not every cybersecurity threat is ransomware. Phishing is cybersecurity’s biggest threat. It’s one of the most common ways hackers can “get into” your organization, and it can result in much more than identity theft. In the...more

Esquire Deposition Solutions, LLC

Staying Secure in the New Hybrid Workplace

Most observers believe that the legal profession is rapidly moving toward so-called “hybrid workplaces,” a term office managers use to describe a mixed-work environment that spans brick-and-mortar law offices, home offices,...more

McDermott Will & Emery

Weekly IRS Roundup August 16 – August 20, 2021

McDermott Will & Emery on

Presented below is our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of August 16, 2021 – August 20, 2021... August 17, 2021: The IRS Security Summit series, in...more

McDermott Will & Emery

IRS Issues Annual “Dirty Dozen" List of Tax-Related Scams

Each year, the Internal Revenue Service (IRS) publishes a list of tax-related scams, which it calls the “Dirty Dozen.” This year, it provided a “Dirty Dozen” scam series warning taxpayers of such scams....more

Searcy Denney Scarola Barnhart & Shipley

Be Aware, Be Skeptical — So Many Scams Aimed at Taxpayers

Tax season leaves some Americans rejoicing in their refunds and other grousing about how much they owe. Whatever the case, paying them – whether in one lump sum or throughout the year – it is a civic duty that, while not very...more

Bass, Berry & Sims PLC

Privacy Perils: Pandemic Identity Theft

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The past few months have been hard on many people and businesses. Some of us may even know individuals who lost their job due to the pandemic. Unfortunately, there are always those who prey on the misfortunate...more

Health Care Compliance Association (HCCA)

Report on Patient Privacy 19, no. 12. Privacy Briefs - December 2019

Report on Patient Privacy 19, no. 12 (December 2019)  - Health care data breaches will have cost the industry $4 billion by the end of 2019, and 2020 is likely to be worse, reports a new survey from Black Book Market...more

Snell & Wilmer

Taxpayer Cybersecurity – Step 4: Recognize Identity Theft

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The Security Summit, consisting of the Internal Revenue Service (“IRS”), state tax agencies, and private-sector tax industry officials, is encouraging tax professionals during the 2019 summer season to take some time to...more

Furia Rubel Communications, Inc.

Cybersecurity: How to Protect Yourself and Your Company

Just recently, Equifax had the largest-ever settlement for a data breach. They are to pay at least $575 million, and potentially as much as $700 million, to settle allegations over its massive 2017 data breach. What we tell...more

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