HOW IRS PHISHING AND VISHING SCAM FOR STIMULUS CHECK PAYMENT GOT BUSTED

Daily the US Treasury Department and the Small Business Administration must send thousands of dollars in stimuli and loans for small and medium businesses, so the automation of this process has become a priority. 

However, computer forensics experts believe that this modernization exposes both government agencies and entrepreneurs to all kinds of cyber attacks.

The Coronavirus Aid, Relief and Economic Security Act (CARES) establishes some guidelines to mitigate the economic impact that the pandemic has generated on some individuals and small businesses, contemplating a payment of up to $ 1,200 per taxpayer, in addition to an additional $ 500 for each child. Taxpayers will receive this payment automatically through an electronic transfer system used to pay Social Security benefits and other public assistance programs.

The problem, as computer forensics experts mentioned, is that millions of citizens will not be able to request payment this way, so they will have to find another way to obtain the money. To speed up the process, the IRS introduced an online platform that allows those who did not file taxes to request this payment digitally, to receive the deposit of funds directly to their bank account or through a service such as PayPal.

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