UPDATE: “This is not a security breach.” Really? IRS hit by cyberattack, thousands of taxpayers’ information stolen

UPDATE: We now think we know a little more about this:

  1. Russian hackers are believed to have been behind it (CNN Story);
  2. Tax return information of more than 100,000 taxpayers was stolen;
  3. The information was used to obtain $50 million in fraudulent tax refunds;
  4. The taxpayers whose information was stolen will be offered free credit monitoring.

So, with this, can we now get a retraction of that incredible statement? “This is not a security breach.”

Business Cyber Risk Blog

IRSCompare and contrast the following statements:

Thieves managed to steal information on more than 100,000 taxpayers from the IRS,” Commissioner John Koskinen said Tuesday

“’This is not a security breach. Our basic information is secure,’” Mr. Koskinen insisted.

Well, I am glad to know that stealing consumer data from the computer of an entity to which it was entrusted is not a security breach. Nothing to see here. Move along …

Read more: IRS hit by cyberattack, thousands of taxpayers’ information stolen – Washington Times.

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