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Cybercriminals are exploiting the urgency of tax season to launch phishing scams aimed at stealing personal and financial data.

Once again, the tax filing deadline is fast approaching for Americans and cybercriminals are preparing to take advantage of this seasonal chaos. Microsoft has recently issued a warning about a surge in tax-themed phishing campaigns targeting both individuals and businesses. These scams are designed to look convincing – often replicating official communications from the IRS or trusted tax companies– and are very successful at tricking people into revealing sensitive data or installing malware.

Luckily, Ophtek has your back and we’re here to give you some advice on how you can stay safe.

Understanding Tax-Related Phishing Scams

At the core of these scams are phishing emails which use urgency and fear to catch victims off guard and cause them to commit an action. The emails may, for example, claim there’s a problem with your tax filing, warn of an audit, or promise that a tax refund is due. These emails often contain subject names such as “EMPLOYEE TAX REFUND REPORT” or “Tax Strategy Update Campaign Goals” which, once opened, can install malicious software.

Typically, the emails also contain PDF attachments – with names such as lrs_Verification_Form_1773.pdf – which are used to redirect users to malicious website containing malware. In certain cases, the emails also include links or QR codes that redirect users to fake websites made to resemble genuine tax portals. The goal is simple: get users to enter their personal or financial details or download malware.

But not all of these phishing emails are easily identifiable as threatening or suspicious. Some start with relatively harmless messages to build trust. Once the target feels comfortable, follow-up emails are used to introduce more dangerous content. This makes it more likely the user will activate a malicious payload compared to an email received out of the blue. A wide range of malware has been observed in these attacks with GuLoader, AHKBot, and BruteRatel C4 just a few of those involved.

Protect Your Finances and Your Tax Returns

The financial and personal impact of these attacks can be significant for victims. As well as the potential financial loss, those affected often face further headaches in the form of frozen credit, blacklisting, and stolen tax refunds. For businesses, the consequences can extend to data breaches, costly compliance violations, and significant downtime. Accordingly, you need to tread carefully during tax season and make sure you follow these best practices:

Verify Email Authenticity: It’s crucial that you check the authenticity of all emails you receive, especially those which call for an urgent action to be performed. Always check the email address of emails received and make sure they’re not using an unusual domain spelling e.g. I-R-S@tax0ffice.com
Be Careful of Attachments and Links: Never open attachments from unknown sources as these could easily contain malware. Likewise, be careful when dealing with links – hover your mouse cursor over any suspicious links to reveal the genuine destination and Google the true URLs to identify any potential threat.
Keep Your Software Updated: Finally, make sure that your software is always up-to-date and has the latest security patches installed. This can strengthen your cyber defenses and make it much harder for threat actors to take advantage of software vulnerabilities.

For more ways to secure and optimize your business technology, contact your local IT professionals.

Infostealer malware is frequently referenced as the go-to weapon for threat actors, but what is it? And how do you protect your IT systems from it?

You only have to take a quick look over the Ophtek blog to understand the popularity of infostealers in modern hacking. From fake Zoom sites through to SnipBot and SambaSpy, threat actors are determined to get their hands on your sensitive data. Infostealers, therefore, present an everyday threat to PC users and it’s crucial you understand their methods and impact.

Luckily, Ophtek has your back, and we’re going to take a deep dive into infostealers to equip you with the knowledge you need to stay safe.

What is an Infostealer?

The main objective of all infostealer malware is to harvest confidential data from a compromised system. With this stolen data, threat actors have the opportunity to conduct numerous crimes such as identity theft or financial damage. This makes infostealer malware such a serious threat, especially in the age of big data, where organizations hold huge amounts of data on their IT systems. As with most modern malware, infostealer has strong stealth capabilities, allowing it to operate in the background without being detected and strengthening its impact.

The Danger Behind Infostealers

Infostealers can be individual malware threats or part of a more extensive suite of malware applications. Whatever their method, infostealers tend to focus on stealing the following data:

System login credentials
Social media and email passwords
Bank details
Personal details

All of these data categories have the potential for serious damage e.g. hacking someone’s personal emails and reading confidential information or clearing someone’s bank account out. From a business perspective, infostealers also have the potential to gain access to secure areas of your IT infrastructure and compromise the operations of your business. All of this data is taken directly from your servers and then discreetly transmitted to a remote server set up by the threat actors.

How Do Infostealers Strike?

Threat actors have developed numerous strategies to launch successful infostealer attacks with the two most common methods being:

Phishing Emails: 3.4 billion phishing emails are sent every day, so it’s fair to say they’re an incredibly popular route for malware. These highly deceptive emails will contain either malicious links or attachments which, when activated, expose the recipient to malware downloads.
Malicious Sites: As seen in our article on fake Zoom sites, threat actors regularly set up malicious websites in order to lure visitors into downloading either fake updates or complete applications. However, these downloads are never genuine and only contain malware such as infostealers.

Protecting Your Systems Against Infostealers

Despite the threat of infostealers, it’s relatively easy to stay safe and protect your systems from them. All you need to do is follow these best practices:

Be Wary of Suspicious Emails: Any emails which ring even the slightest alarm bell should be closely scrutinized. If something about the wording doesn’t sound quite right, or there’s a sense of urgency to commit to an action, the chances are that this could be a phishing email. In these instances, don’t click anything and, instead, contact an IT professional to review the content.
Always Update Your Software: One of the easiest ways for threat actors to deploy infostealers on your system is through software vulnerabilities. No piece of software is perfect, and they often contain weak spots which can be exploited. However, as these vulnerabilities are picked up by the developers, security patches are issued to remedy these weak spots. Accordingly, installing these updates should be a major priority.
Install Security Software: There are numerous security packages available such as AVG and Kaspersky which monitor your systems in real time and can block malware threats instantly. This automatic defense enables you to stay safe from infostealers and keeps your networks healthy and productive.

For more ways to secure and optimize your business technology, c ontact your local IT professionals.

Cybercriminals Exploit Tax Season: Stay Alert to Scams

Infostealers: What They Are and How to Stay Protected

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