Cybercriminals are attempting to compromise Microsoft Office accounts and steal user passwords, especially those used for banking, by sending malicious attachments claiming to be tax forms or other official documents.

This threat – flagged as a “critical alert” by Barracuda Security Insight, Campbell, Calif.-based cyberfraud defense firm Barracuda Networks new free threat intelligence platform – resulted from attempts to steal user passwords by using attached to common and trusted file types, such as Word or Excel documents.

“Cybercriminals regularly go after user passwords and credentials; however, we're continuing to see criminals come up with clever ways to persuade users into sacrificing their sensitive information,” Jonathan Tanner, software engineer at Barracuda Networks, said in a blog reported the research.

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Roy Urrico

Roy W. Urrico specializes in articles about financial technology and services for Credit Union Times, as well as ghostwriting, copywriting, and case studies. Also: writer/editor of a semi-annual newsletter for Association for Financial Technology since 1997 and history projects funded by the U.S Interior Department, National Park Service and Warren County (N.Y.).