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Quick! File your taxes before a hacker does it for you

Tony Bradley | Feb. 16, 2015
It's tax season! You might not want to put off filing your taxes this year. If you're not quick, you might find that someone else has already filed a fraudulent tax return in your name.

We need stronger controls in place to verify that the person filing the return is legitimate. "Too much information is already available about us based on our online identities; we need something better. Thankfully things like biometrics are becoming far easier to implement," explained Garve Hayes, solution architect with NetIQ.

Marc Maiffret, CTO of BeyondTrust, stressed that filing taxes should require two-factor authentication. "Such technology makes it where an attacker needs your username and password plus a randomly generated code from something like your smart phone. This is something supported by Google, Facebook, Microsoft and many other online services but has yet to be widely adopted by online financial institutions from banks to tax filing."

Until the IRS and tax filing services take steps to make the filing process more secure, anyone with your name, address, and Social Security number can potentially file a fraudulent return in your name. Make sure you file early and beat them to it.

 

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