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Apollo Education Group, Inc. Message Board

vermaatul1 3 posts  |  Last Activity: May 26, 2015 6:41 PM Member since: Apr 20, 2012
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    IRS hacked

    by djangosblues May 26, 2015 5:40 PM
    vermaatul1 vermaatul1 May 26, 2015 6:41 PM Flag

    WASHINGTON (AP) -- Sophisticated criminals used an online service run by the IRS to access personal tax information from more than 100,000 taxpayers, part an elaborate scheme to steal identities and claim fraudulent tax refunds, the IRS said Tuesday.

    The thieves accessed a system called "Get Transcript," where taxpayers can get tax returns and other filings from previous years. In order to access the information, the thieves cleared a security screen that required knowledge about the taxpayer, including Social Security number, date of birth, tax filing status and street address, the IRS said.

    "We're confident that these are not amateurs," said IRS Commissioner John Koskinen. "These actually are organized crime syndicates that not only we but everybody in the financial industry are dealing with."

    Koskinen wouldn't say whether investigators believe the criminals are based overseas โ€” or where they obtained enough personal information about the taxpayers to access their returns. The IRS has launched a criminal investigation. The agency's inspector general is also investigating.

    Identity thieves, both foreign and domestic, have stepped up their efforts in recent years to claim fraudulent tax refunds. The agency estimates it paid out $5.8 billion in fraudulent refunds to identity thieves in 2013.

    "Eighty percent of the of the identity theft we're dealing with and refund fraud is related to organized crime here and around the world," Koskinen said. "These are extremely sophisticated criminals with access to a tremendous amount of data."

    Congress is already pressing the IRS for information about the breach.

    "That the IRS โ€” home to highly sensitive information on every single American and every single company doing business here at home โ€” was vulnerable to this attack is simply unacceptable," said Sen. Orrin Hatch, R-Utah, chairman of the Senate Finance Committee. "What's more, this agency has been repeatedly warned by top government watchdogs that its data security s

    Sentiment: Strong Buy

  • I have noticed that this stock have been manipulated by hedges for more than a year . Security should find and arrest them like yesterday Two HF was arrested for manipulations.FEYE should be trading at $ 110 instead 43 as of today.

    Sentiment: Strong Buy

  • vermaatul1 vermaatul1 Apr 17, 2015 7:48 AM Flag

    I just watched on CNBC news. All insurance Inc. must have to be protected by CYBR insurance. Don't sell Idiot they want your cheap shares like they did yesterday with MBLY by opening lower and closing higher.

    Sentiment: Strong Buy

APOL
12.93+0.48(+3.86%)Jul 2 4:00 PMEDT