Thieves Stole $50M In IRS Tax Refunds Using Its Online Tool
It's believed the thieves used taxpayers' previously stolen identity information to send phony requests through the IRS' site.By Evan Thomas | May 27, 2015
The Internal Revenue Service says approximately 23 million people used its "Get Transcript" tool to download information about their tax refunds this season.
And a new report indicates from February to mid-May, criminals used the same tool to steal the IRS data of some 100,000 U.S. taxpayers. (Video via Fox News)
Now, the IRS itself wasn't hacked. Its tool worked exactly as it was supposed to. But this was theft, and it was damaging.