Security News > 2017 > April > How fraudsters stole millions with the help of a legitimate online tool (Help Net Security)

Identity thieves have managed to steal $30 million from the US Internal Revenue Service by taking advantage of an online tool designed to help students fill out financial aid applications, IRS Commissioner John Koskinen told the Senate Finance Committee on Thursday. How did it happen? The Data Retrieval Tool (DTR) works by populating the applications with the users’ IRS tax return information needed to complete them, but on March 30, 2017 it was announced that … More →

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