IRS Statement on the “Get Transcript” Data Breach

Source: IRS Statement on the “Get Transcript” Application

Here we go again.  100,000 households at risk of having their tax returns fraudulently filed next year.  It’s a major hassle to fix this if it happens to you.

Organizations somehow think offering free credit monitoring is an acceptable consolation prize?  At this breach rate, many households will have multiple free credit monitoring accounts for life, so offering another free account is of no value – not to mention that monitoring is only a partial solution.

Lastly, it would be helpful to know where the criminals in this breach were able to get enough personal information to clear the authentication screens. The whole story in this case may not have been revealed yet.