A Nigerian national, Chukwuemeka Amachukwu, was sentenced to eight years in prison for leading a group that hacked tax preparation businesses, stealing customer data and filing fraudulent tax returns.
The vulnerability or weakness
Not stated in the sources.
Earlier attacks and coverage
No earlier related attack in our archive yet.
Business impact
The attacks resulted in significant financial loss and damage to the reputation of the affected tax preparation businesses, with over $8.4 million in fraudulent tax refunds obtained and $819,000 in fraudulent Economic Injury Disaster Loan payouts.
Industries affected
Tax preparation businesses and small businesses.
Users affected
Customers of the tax preparation businesses had their personal and financial information compromised, leading to potential identity theft and financial fraud.
