Following a February 18th U.S. District Court ruling, beneficial ownership information reporting (BOIR) requirements under the Corporate Transparency Act (CTA) are back in effect with a new filing deadline of March 21, 2025.

As scams become more sophisticated and prevalent often employing a variety of techniques (ex: spoofing, phishing, impersonation, creating a false sense of immediacy or urgency), it’s important for business and technology leaders to remind and re-iterate to employees and staff the importance of staying alert, being vigilant, recognizing and knowing what to do when encountering potential scams.