These days most people are spending more time at home and a lot more time online. Whether people are online for work, school, a virtual gathering or shopping, online security is more important than ever. Everyone should be mindful of risks they may encounter when they share devices, shop online and interact on social media. Taxpayers might find [...]
Preventing identity theft with new data safeguards Cybersecurity and identity theft are key concerns of the IRS, as evidenced by the latest edition of the Electronic Tax Administration Advisory Committee’s (ETAAC) annual report to Congress. This year, as part of its identity theft prevention strategy, ETAAC announced several new security initiatives that’ll [...]
KEEPING DATA SECURE—AND BEING READY WITH CRISIS RESPONSE Here’s something an increasing number of Payroll pros have had to tell employees: “Your identity has been stolen.” Fact is, 7% of the U.S. population – 17.6 million citizens – fell victim to identify theft in 2014, according to Mark Eichorn of the Federal Trade [...]
Small businesses are a popular target of cyber criminals. Thousands of attacks happen every day, successful ones can cost organizations hundreds of thousands of dollars, and over half of small businesses soon close following a successful cyberattack. Fortunately, there are effective measures you can take to prevent hackers, scammers, and other ne’er-do-wells from compromising your [...]
Be Cautious about requests for information If you received an email from your CEO requesting W-2 data, you'd probably want to reply as quickly as possible. One problem: You could inadvertently be sending payroll information to a hacker. Phishing schemes involving W-2s have spiked recently – so much so that the IRS has just issued [...]
Payroll giant ADP has suffered a security breach in which hackers have stolen tax and salary information, according to a report from Krebs on Security. The hackers reportedly registered accounts using employees’ names at its customer firms, which ADP claims occurred after those companies inadvertently released sensitive data on ADP accounts. This made it easier [...]
