The second annual National Tax Security Awareness Week happened in late November 2017. This event is part of the Security Summit, part of an ongoing collaborative effort to combat tax-related identity theft. The IRS, state tax agencies, the tax industry, and groups came together to encourage people to protect their tax data and identities. Criminals are always working hard to obtain people’s personal data. With the number of data breaches at record levels, these are issues that pose a threat to individuals and businesses. And their new target – taxes and tax returns. Here are a few simple steps taxpayers can take to protect themselves from cybercriminals.
This past week Houstonians cleaned up after Hurricane Harvey and Floridians braced for the cleanup to come with Hurricane Irma. Meanwhile, consumer credit reporting agency Equifax dealt with a cleanup of hurricane proportions as well. More than 143 million social security numbers, along with other personal data, were compromised in the midst of major data breach. Since 2015 the company, which is undoubtedly a tempting target, has experienced three major threats. Equifax is like a one-stop shop for hackers looking to cash in on identity theft. Information accessed in the hack beyond social security numbers, includes birth dates, names, addresses, etc. There are reports that over 200,000 consumers credit card numbers were stolen. With more than half the American-adult population likely affected, what should you next? Protecting Yourself 1. Freeze your credit. Freezing your credit is the single greatest tool you can utilize against any potential fraud. By freezing your […]