With the deadline for filing U.S. tax returns fast approaching, the U.S. Government's watchdog agency warns that the Internal Revenue Service still hasn't implemented steps to secure its IT infrastructure and protect taxpayers' financial data.
The U.S. Government Accountability Office (GAO) issued a report on March 15 saying that the IRS still hasn't full implemented key components of a comprehensive information security program. In fact around 74 percent of known weaknesses in the IRS's IT infrastructure remain unresolved or unmitigated, GAO found. The failures could make the IRS's financial systems and information "unnecessarily vulnerable to insider threats, including errors or mistakes and fraudulent or malevolent acts by insiders," the report found.
The IRS is the U.S. Government's tax collection agency. In 2010, the agency processed more than 144 million individual and 2.4 million corporate tax returns, totalling $1.4 trillion dollars.
rest http://threatpost.com/en_us/blogs/irs-security-holes-put-taxpayer-data-risk-031711
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