Every successful phishing attack starts with the premise of creating an email that will be sufficient to get the emotional buy-in from the reader enough to get them to interact. This has been shown to be something either positive or negative – doesn’t make much difference, as long as it gets the recipient to click the link, open the attachment, reply, etc.
W-2s have already begun to be delivered to employees – some the old-fashioned way via mail, and most via email as an invitation to download the PDF version. Scammers know this and can easily impersonate your organization’s HR department asking the employee to review and/or download their W-2, offering up either a malicious attachment or link that will be used to infect the recipient’s endpoint, attempt to capture their logon credentials to Office 365, etc.
It’s important for you to educate your users on phishing scams like this. One click can spell the difference between going about your day or having most of the organization at a halt due to a ransomware attack or data breach. Enrolling users in new school Security Awareness Training is an effective means to educate users and validate their ability to spot a phishing attack before it does damage.