This article appeared in The Corporate Counselor, an ALM publication covering the latest changes in business regulatory climates. For Corporate Counsel, In-House Counsel, Managing Partners. Visit the website to learn more.
In 2016, numerous businesses fell victim to a surge of phishing scams involving W-2 forms. In response, the IRS sent a broad consumer alert regarding these schemes after seeing an approximate 400% surge in phishing and malware attacks during the 2016 season. As the tax filing season ramps up for 2017, we have already seen a number of successful attempts to obtain W-2 forms from unsuspecting employees.
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