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IRS invites thieves to hijack your tax refund (again) with new PIN system

March 2, 2016 - Uncategorized

Last year hackers stole sensitive records from over 100,000 350,000 700,000 people after a security breach of the IRS website. Hackers found a vulnerability in the ‘Get Transcript’ verification process and used this to amass some 700,000 names, Social Security numbers, addresses and filing statuses. This year, the IRS wants to prove it’s righted its earlier wrongs and stepped up security by giving taxpayers internet protection (IP) personal identification numbers (PINs). These IP PINs are basically a secret code that taxpayers are required to use on their tax forms in order to prevent future fraud. Thing is, it’s the exact same process as…

This story continues at The Next Web

Source: The Next Web

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