The IRS for the second time has revised the estimated damage of a big theft of American taxpayer data; it now thinks 720,000 taxpayers have had their information stolen, according to CNN.
In May of 2015, the IRS reported that fraudsters used a tool on its website to access the tax forms of 104,000 people. In August, the agency revised the number to 330,000 people.Investigation Uncovers More Thefts
Yesterday, the IRS said the number is closer to 720,000 following a nine-month investigation by the U.S. Treasury Inspector General of Tax Administration. The investigators found an additional 390,000 taxpayer accounts had been compromised. The criminals [...]
The U.S. Internal Revenue Service (IRS) has identified an automated attack on its computer systems that it says is aimed at getting information that could be used to steal tax refunds, The Wall Street Journal reported.
Identity thieves last month used personal taxpayer data stolen elsewhere to generate e-file personal identification numbers to file fraudulent tax returns and claim refunds. Some individuals use E-file PINs to file tax returns. These numbers are different from identity protection numbers (PIN)s that the agency provides victims of tax ID theft to protect them from future problems.464,000 Social Security Numbers
The agency has identified unauthorized [...]