The IRS has alerted companies and human resources professionalsto a new hacker scheme, in which an email that purports to be fromcompany executives requests personal information on employees.

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With hackers increasingly turning their attention to the reamsof personal data, not to mention the cash, in the $5 trillion401(k) market, it's a scheme retirement plan sponsors andadministrators should also be on the watch for.

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The scheme, unfortunately, has already seen some success, amidthe surge in phishing e-mails so far this year.

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Several companies have already fallen victim to emails that getpayroll and human resources offices to mistakenly email payrolldata, including Forms W-2 that contain Social Security numbers andother personally identifiable information, to cybercriminals posingas company executives.

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This particular phishing scheme is characterized as“spoofing.”

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The e-mail will typically contain the actual name of thecompany's chief executive officer and on the surface seems to comefrom the “CEO” to a company payroll office employee requesting alist of employees and information including SSNs.

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According to the IRS, these e-mails will also contain some ofthe following statements, or variations on them:

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“Kindly send me the individual 2015 W-2 (PDF)and earnings summary of all W-2 of our company staff for a quickreview.”

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“Can you send me the updated list ofemployees with full details (Name, Social Security Number, Date ofBirth, Home Address, Salary).”

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“I want you to send me the list of W-2 copyof employees wage and tax statement for 2015, I need them in PDFfile type, you can send it as an attachment. Kindly prepare thelists and email them to me asap.”

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“This is a new twist on an old scheme using the cover of the taxseason and W-2 filings to try tricking people into sharing personaldata,” John Koskinen, the IRS commissioner, said in a statement.

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Koskinen added, “Now the criminals are focusing their schemes oncompany payroll departments. If your CEO appears to be emailing youfor a list of company employees, check it out before you respond.Everyone has a responsibility to remain diligent about confirmingthe identity of people requesting personal information aboutemployees.”

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