In the second half of 2024, email-based phishing attacks climbed by more than 200%, driven largely by link‑based campaigns that frequently exploited unpatched vulnerabilities. Security reports indicated roughly four phishing attempts per user each week during peak periods, and about 80% of detected links were...
2026 is set to be a pivotal year for fintech. After years of uncertainty, the industry is showing signs of clarity and confidence from regulators, consumers, and business partners. Regulatory frameworks have strengthened, markets have stabilized, and bold ideas are moving from pilot programs into...
When it comes to tax matters, understanding how the Internal Revenue Service (IRS) initiates communication is your first line of defense against fraud. In nearly all cases, the IRS starts contact through an official letter delivered by U.S. mail—not by email, text message, or social...
So far in this series, we’ve talked about scams where people think they’re taking the right steps—protecting accounts or chasing investments—and get scammed in the process. This time, we’re covering a quieter setup with just as much damage: phishing scams....
Last edition, we covered the compromised account scam, where a fake fraud specialist convinces you to move your money to a "safe" account that turns out to be anything but. This time, we're talking about something slicker—investment scams that rope you in slowly and take...
If you’ve ever picked up the phone and heard someone say they’re calling from your bank’s “fraud department,” you’re not alone. This month, we’re breaking down a scam that’s becoming far too common—the compromised account scam....
FinCEN announced that it will not issue any fines or penalties or take any other enforcement actions against any companies based on any failure to file or update beneficial ownership information (BOI) reports pursuant to the Corporate Transparency Act by the current deadlines....
FinCEN has learned of fraudulent attempts to solicit information from individuals and entities who may be subject to reporting requirements under the Corporate Transparency Act....
In today’s data-driven world, businesses increasingly rely on various types of consumer data to optimize their marketing and advertising efforts. Understanding the nuances of first-party, zero-party, and third-party data is crucial to maintaining customer trust while safeguarding privacy....
In recent years, the security of tax payments has become an increasingly pressing issue for individuals and businesses alike. As CPAs, we have witnessed cases where estimated tax payments made by check have been intercepted and stolen, highlighting the vulnerabilities associated with traditional payment methods....
