Leveraging Knowledge to Manage Your Data Risks
We have written before about the ability of hackers to file false tax returns to get fraudulent refunds by using the IRS website, and how hundreds of thousands of Americans have become victims of tax fraud.
The IRS issued a statement last week warning tax preparers to be on the alert for hackings that allow…
On June 16, 2016, the IRS announced that it will be making Form 990s available in machine-readable format through Amazon Web Services. While this information has always been available to the public, it was previously only accessible in PDF format, making searching or viewing data in bulk nearly impossible. The IRS announcement is in…
Although the IRS has warned taxpayers on multiple occasions about IRS phone scams, consumers continue to be victims. A lucrative scam for years, which according to the IRS, has cost victims more than $26 million since 2013, is only getting worse.
The typical IRS phone scam is when someone calls stating that s/he is an…
According to a government report publicly released last week, the IRS failed to adequately respond to a May 2015 cyber-attack on its “Get Transcript” application that potentially compromised at least 621,000 taxpayer accounts. The United States Treasury Inspector General for Tax Administration (“TIGTA”) found that, while the IRS timely disabled the affected application, it failed…
The filing of fraudulent tax returns continues to be a serious problem in this country. Last year alone, the IRS has admitted that up to 720,000 taxpayers were victims.
Last week, a Georgia couple pled guilty to filing fraudulent tax returns by using the IRS’ “Get Transcript” site. The couple used the personal information (including…
This week’s tip is for businesses, and in particular, the human resources, benefits and finance departments of all businesses. It doesn’t matter what industry you are in or where you or located. It doesn’t matter if you have 2 employees or 2,000. Just know that you can become the victim of a sophisticated cyber-attack.
It…
