What do you do if your HR benefits and payroll vendor suffers a cyber-attack and payroll can’t be run? Do you have a backup plan for running payroll? How will you communicate with your employees? And if your benefits and payroll vendor has a cyber-incident and your employees’ highly sensitive data is exfiltrated, what will
Recruiting Scams on the Rise
With more companies hiring, online recruiting scams have re-emerged to prey on job seekers and employers. The Better Business Bureau tracked more than 3,000 recruiting scams in the first 10 months of 2018 with losses in the million dollars.
The online recruiting scam works this way: the scammer fraudulently uses a company’s name and logo, and perhaps the names of the company’s employees handling recruiting or human resources, to solicit applications from job seekers for fake jobs. Many times the companies are household names or long established, which gives the scam an air of legitimacy. Sometimes the solicitation comes by email, but most often it is posted on a professional or recruiting website or social media platform. Like most phishing schemes, the scammer’s email address is similar to, but not the same as the legitimate company’s email address.
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FBI Issues New Warning to Businesses About Phishing Campaigns
In a recent Public Service Announcement dated February 21, 2018 entitled “Increase in W-2 Phishing Campaigns,” the Federal Bureau of Investigations (FBI) issued another alert about an increase in phishing campaigns since the beginning of 2018.
According to the FBI, “IRS’s Online Fraud Detection & Prevention (OFDP), which monitors for suspected IRS-related phishing emails,…
Privacy Tip #24 – IRS issues Alert to Payroll and HR Professionals about phishing scheme for W-2s
This week’s tip is for businesses, and in particular, the human resources, benefits and finance departments of all businesses. It doesn’t matter what industry you are in or where you or located. It doesn’t matter if you have 2 employees or 2,000. Just know that you can become the victim of a sophisticated cyber-attack.