The IRS system for sending out Coronavirus relief payments is vulnerable to fraud. That's especially true for the nation's poorest individuals — whose payments can be obtained with information that is easily available to criminals online.
that fraudsters could potentially steal these Coronavirus payments with only a few pieces of identifying information.
"It's information people think is confidential, is secret. It's available for sale on a significant portion of the US population, in a number of places in the underground," he says."And in many cases, we're not even talking about the dark web. We're talking about just out on the internet. And it's a couple bucks — it's about what it costs for, you know, a caramel macchiato at Starbucks.
"There were 390,000 cases that the IRS inspector general found of fraudulent access to that system," Chapple says."So now fast forward five years and we're using an even weaker system to control access, not just to information, but to payments." "There's always a trade-off between speed and security," says Mark Everson, the IRS Commissioner between 2003 and 2007.
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