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:
- ONLY USE SECURE WEBSITES – So the IRS was supposed to have a secure website and yet hackers breached it. Make sure you only log into secure sites that offer multiple security measures, like sending a password to your mobile phone in order to log in.
- FORTIFY YOUR COMPUTER’S DEFENSES – Hackers often attack networks whose operating systems may not be up-to-date. Make sure your computer’s firewall is set up and software up to date. Not updating your operating system or web browser could make your computer vulnerable to hackers.
- CHECK YOUR ACCOUNTANT/BOOKKEEPER’S NETWORK – At Brigade Bookkeeping we often use a password secured, remote log-in service to work on our clients books. Make sure to ask your accountant or bookkeeper what system he or she uses and the security measures that are taken to keep your important financial information protected.
- CHANGE YOUR PASSWORDS OFTEN – You’ve probably heard this before, but make sure your password isn’t the same as your username. It shouldn’t be your email either. Make sure you change it often, so hackers don’t catch on and target you or your business.
- MONITOR YOUR CREDIT – If you have any doubt or feel you’re a victim of identity theft, make sure you monitor your credit. You’re entitled to one free credit report a year. Equifax, Experian and TransUnion are the big three credit reporting agencies.
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!
