Hackers target taxpayers. Here’s how to protect your data

Hackers target taxpayers.  Here’s how to protect your data

Cybercriminals like tax fraud because it’s a simple business operation that has big financial rewards.

The crimes committed are “done almost like an assembly line,” Jason Glassberg, co-founder of Casaba Security, a Redmond, Washington-based cybersecurity company that specializes in ethical hacking and security program development, told TheStreet.

“Just fill out as many personal tax returns as you can as early in the season as possible and collect the refunds,” he said. “Since the IRS enabled direct deposit, instead of having to physically mail a refund check to your home address, it has become incredibly easy for the scammer to defraud consumers.”

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