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Massive IRS Identity Theft Breach Reeking Havoc--Episode 8

  • Broadcast in Current Events
The Identity Theft Warriors

The Identity Theft Warriors


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The Internal Revenue Service is dealing with a huge data breach which has exposed the personal information of more than 100-thousand taxpayers. It's the latest cyber attack and one that is especially worrisome because of all the personal information identity thieves can cull from the standard tax return.


"You'd be surprise at first how much usable information is on each tax return - and in some cases how lax IRS cyber security is",  says Tax Pro and owner of Happy Tax Mario Costanz (www.happytax.com). As the owner of a nationwide tax preparation service Mario knows intimately the potential damage of this latest breach.


According to the IRS, criminals used taxpayer-specific data acquired from non-IRS sources to gain unauthorized access to information on the tax accounts. The data included Social Security information, birth dates and street addresses.


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