Cybercrime Riding Tax Season Tides - April 2017
Cybercrime is a year-round, opportunistic crime, but some of the trends that affect rises in spam and fraud are driven by seasonal events. The most significant seasonal trend in that regard is Tax Season.
Cybercrime is a year-round, opportunistic crime, but some of the trends that affect rises in spam and fraud are driven by seasonal events. The most significant seasonal trend in that regard is Tax Season.
Every year, tax filing season, which extends from January to April in the US, is one of the most popular opportunities for scam ploys among cybercriminals. When January rolls around, the volume of spam email flooding potential victims with tax return-themed spam begins rising gradually. The most common fraud that ensues is fraudulent tax returns on the consumer side, and W-2 fraud on the business side.