Email spoofing scam resulting in W2 fraud

(WFLA) — You would never expect your company to willingly hand over your personal information to a hacker, but it’s happening all the time. That’s because hackers are spoofing the email addresses of CEOs, so employees don’t realize they’re sending sensitive information to a hacker until it’s too late.

In some cases, hackers are obtaining W2 information so they can fill out bogus tax returns and make off with refunds.

The FBI refers to the scam as “Business Email Compromise,” and it can come in different forms. Between October 2013 and March 2016, the FBI reports more than 12,000 cases of BEC in the U.S. resulting in more than $900 million in losses. In Florida, there are more than 700 reported cases resulting in more than $29 million in losses. For the full article click here 

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