The Cost of Tax Season Fraud: How Threat Actors Target Your Data and Money
The IRS identified a staggering $5.7 billion in tax fraud schemes last year, over twice the amount reported in 2021. And with the large amount of personally identifiable information (PII) that is exchanged leading up to Tax Day on April 15, it’s no wonder that threat actors view this time of year as high season for stealing data to exploit people’s vulnerabilities for financial gain.