Your Tax Information Might Be for Sale on Dark Web

May 23, 2017

Theft of personal and sensitive information continues to be a threat for Internet users. Tax information is available for sale for as low as $30 in bulk over Dark Web.

WTMJ-TV published a news report titled Officials Say Thieves Are Stealing Tax Info and Selling It on the Dark Web says:

It may be past tax time, but that doesn’t mean the stress is over. Experts say thieves are stealing W-2 information and selling it on the part of the Internet hidden from search engines known as the dark web.

In this particular instance, the culprit masquerading as a high-level company executive asked the clerk at a company office to mail all W-2 forms. Though the con was discovered immediately, albeit it was too late.

Despite strict IT security policies, data thieves manage to steal sensitive information using a technique called as social engineering. This includes gathering bits and pieces of information from multiple employees and using it together to con someone higher-up for stealing the information. Experts are of the opinion that prevention is the only protection in such cases.

Vishol Ingole, May 23, 2017

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