Data security

Leaders of the Senate Finance Committee sent a letter Monday to four federal service centers asking for clarification on reporting practices for federal employees’ wage and tax statements to the Social Security Administration and state tax agencies in order to safeguard against tax-related identity theft.

Wipfli announced it has become a champion of National Security Awareness Month.

If the recent revelation that the data breach in the IRS's Get Transcript app was much bigger than originally thought didn't scare you, you're not paying enough attention.

The Internal Revenue Service said it will not assert that an individual whose personal information may have been compromised in a data breach must include in gross income the value of the identity protection services provided by the organization that experienced the data breach.

Weaver launched a new IT advisory service to provide computer network security assessments performed by a Certified Ethical Hacker.

The Big Four firms collectively account for nearly two-thirds of the global risk consulting market and could expand that footprint if they acquire more cybersecurity firms, suggests a new report.

A Bulgarian hacker has admitted to participating in a $6 million fraudulent tax return scheme in which he used tax-filing information stolen from at least four major CPA firms in the U.S.

The Federal Trade Commission says that 2014 marked the fifth consecutive year that tax-related identity theft was the most common form of reported identity theft.

In the wake of high-profile data breaches at the Internal Revenue Service and other federal agencies, a new government report warns the IRS against expanding its online customer service options before completing key technology upgrades.

No one can afford to ignore IT security anymore

Professional advisors need to be more protective -- of both their practices and their clients, according to HD Vest president and CEO Roger Ochs.

The Internal Revenue Service has agreed to change its policy on identity theft and provide victims with copies of the fraudulent tax returns that have been filed under their names by scammers.

As the debate goes on about how to curb the increasing incidence of taxpayer identity theft in the U.S., members of BKR International discussed their experiences during the recent tax filing season, as well as ways to mitigate future risk and help clients respond to fraudulent activity should it occur.

On the heels of a disclosure this week that identity thieves were able to access 104,000 tax returns through the Internal Revenue Service’s Get Transcript application, a new report finds that the IRS is improving its identification of fraudulent tax returns involving identity theft.

The Internal Revenue Service warned of a huge data breach of its online Get Transcript application that allowed the tax returns of approximately 104,000 taxpayers to be accessed by identity thieves.

Thomson Reuters Checkpoint released a special report on Monday to highlight the prevalence of tax-related identity theft and guide practitioners representing victims.

A site that is used to process tax forms for nonprofit organizations on behalf of the Internal Revenue Service recently suffered a data breach.

The Internal Revenue Service’s Criminal Investigation division has created a cybercrime unit to combat the growing trend of identity theft-related tax fraud as the problem morphs into data breaches and becomes more international in scope.

Tim Loo learned early this year that his name and Social Security number had made their way onto a fraudulent tax return, and immediately wondered whether the identity thief might also have his bank-account details or his kids’ Social Security numbers.

Video surveillance is something that’s pretty easy to add in your office, and serves as both a deterrent to people poking around where they shouldn’t, and making a record of when they do.