In the past year, we’ve seen how major corporations, like Sony and Target, have fallen victim to hackers. Cyber crime and specifically, criminals targeting personal information via a third-party, is on the rise. But did you know criminals are also targeting your information through your accountant, bookkeeper and IRS tax return?
That’s right. Just last week in New Jersey, a man from Bulgaria pled guilty to conspiring to file fraudulent tax returns that added up to $6 million dollars in IRS tax refunds. Federal prosecutors say 32-year-old Vanyo Minkov told them he and a group of hackers broke into the networks of four large accounting firms and stole more than 1,000 IRS returns, then turned around and used that information to file fake returns.
Back in May, criminals hacked into the IRS’ Get Transcript application and stole more than 100,000 tax returns. Those returns included Social Security numbers, addresses, birth dates and other important personal information. The thieves are still out there.
In order to avoid becoming a victim, here are some added measures you should be implementing for yourself and your business:
Cyber criminals are always coming up with new ways to hack, but following these steps might help you avoid becoming a victim. Fraud and identity theft are crimes that can haunt you and your business for years, so protect yourself. In the meantime, e-mail me or give me a call if you have any questions about your cyber vulnerability.
Have a great week everyone!