Collaborate Disseminate
And some investors are opting to not pay taxes at all, according to accountants. Continue reading People Who Own Cryptocurrency Are Getting Slammed With More Taxes Than They Expected
With the prospect of a trade war on the horizon between U.S. and China, cybersecurity and policy experts say government-backed cyberattacks between the two countries may spike after years of calm. For the last two weeks, Chinese and U.S. government officials have been sparring over the potential creation of tariffs, which would place a tax on foreign exports coming into America. “Potential tariff implementation could raise uncertainty over the possibility of a trade war between the two countries and possibly drive a further uptick in Chinese cyber espionage,” said Dmitri Alperovitch, chief technology officer of cybersecurity firm CrowdStrike, in a email to CyberScoop. “CrowdStrike has seen some pickup in Chinese cyber espionage activity over the last year, and we expect this trend to continue … There tends to be a shift in activity from nation-state adversaries when major geopolitical events occur.” Historically, the Chinese government has successfully employed hackers to advance their […]
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Continue reading With trade war looming, Chinese cyberattacks may follow
The Trump administration explicitly called out the Chinese government Thursday for having hacked U.S. companies to steal business secrets in recent years. The disclosure means the U.S. government believes China broke a 2015 agreement reached by then-President Barack Obama and Chinese President Xi Jinping that was aimed at curbing cyber economic espionage between the two countries. A Department of the Treasury investigation detailed in a 215-page report published Thursday finds multiple cases where China had continued to conduct economic cyber espionage after the 2015 arrangement was announced. The report does not, however, explain these incidents with any specifics. “After a major debate in the private sector cybersecurity community over the past three years about the level of Chinese cyber activity directed against U.S. organizations and its meaning related to China’s commitments, the 301 report can be read as effectively ruling that China is in violation of the 2015 Obama-Xi accord on cyber […]
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Continue reading Trump administration says China broke Obama-Xi hacking agreement
With tax season underway, a cybersecurity advocacy group is warning that vendors of popular tax preparation tools may be unprepared to protect users from phishing scams. Four out of the eight most popular tax preparation software products don’t employ basic protections against email spoofing, according to testing by the cybersecurity nonprofit Global Cyber Alliance. GCA tested the domains of the popular programs to check what settings they employ under the Domain-based Message Authentication, Reporting and Conformance (DMARC) protocol. DMARC is an industry standard designed to detect and prevent email spoofing. GCA’s findings, released last week, are as follows: Reject: Liberty Tax Quarantine: Credit Karma, Jackson Hewitt and Tax Slayer None: Free Tax USA and Turbo Tax No policy: H&R Block and TaxAct DMARC has three levels of protection against emails that try to hijack a particular domain. If an organization employs the “reject” policy — the highest setting — a spoofed […]
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Continue reading Tax prep tools lag in DMARC implementation, advocacy group says
Businesses beware! Online criminals have ramped up their attempts to steal W-2 information from the finance and human resources departments of organisations, according to a warning issued by the FBI.
Read more in my article on the Hot for Security blog.
Continue reading Form W-2 data thefts are rocketing, warns FBI
The country is announcing some serious new policies this week. Continue reading South Koreans Will Soon Have to Go to Through a Bank to Buy Bitcoin
You’re a contractor and people are paying you to work in your pajamas. It’s a life of luxury, but when tax time comes, you are in a world of hurt and you wonder why you even do it. Taxes are tricky, but there are some tools you can use to make it less painful on your pocketbook. With planning and diligence, you can significantly increase the amount of money that stays in your bank account.
We are not certified tax lawyers or accountants, so take what follows with a heap of salt, consult appropriate people before you do anything big, …read more
It’s the time of year when criminals turn their attention to honest taxpayers – here’s our advice on what to look out for to avoid falling victim to their scams Continue reading Nothing is certain except death, taxes – and tax scams, phishing and ransomware
The first one of today’s never ending series of Locky downloaders is an email with the subject of Tax invoice coming as usual from random companies, names and email addresses with a random named/numbered zip attachment containing 2 identical .WSF files … Continue reading →
One of the frequent subjects in a phishing attempt is Tax returns or tax refunds , where especially in UK, you need to submit your Tax Return online. The phishers have caught on to the fact that in UK all government services … Continue reading →
Continue reading Automated tax refund notification – Phishing
