IBM Report Details 2017 Tax Scams as IRS Filing Deadline Nears

As the Tax Day 2017 filing deadline of Tuesday April 18 nears, IBM is warning of an increase in tax-related spam and scams.

It’s that time of year again, when Americans rush to file income taxes with the U.S Internal Revenue Service (IRS) and hackers fill inboxes with tax-related spam and phishing email attacks. As the Tax Day 2017 filing deadline of Tuesday April 18 nears, IBM Security is warning of a spike in tax-related spam email and related fraud scams that aim to exploit unsuspecting tax filers.

IBM is out with a new report today titled, ‘Cybercrime Riding Tax Season Tides: Trending Spam and Dark Web Findings’  that details how attackers are ramping up their efforts ahead of Tax Day 2017. According to the report, IBM X-Force security researchers have tracked a 6,000 percent increase in tax-related spam emails from December 2016 to February 2017. A year ago ahead of Tax Day 2016, the IRS issued a warning of its own, about a 400 percent increase in phishing and malware incidents during that year’s tax season.

Sean Michael Kerner

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