IRS: Hackers Accessed Data of 100,000 Taxpayers, Stole $39 Million

Cyber thieves were able to steal as much as $39 million by gaining access to Internal Revenue Service data and filing fraudulent tax returns this year, IRS Commissioner John Koskinen reported to Congress June 2 after news about the data breach broke last week. The hackers were able to steal the personal finance information of […]

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Justice Department Forms Cyber Security Unit to Battle Increased Threat of Cybercrime

The United States Department of Justice announced the formation of a new cyber security unit last week, in an effort to combat this year’s record number of cyber attacks on companies worldwide. Working together with law enforcement officials, Congress and the private sector, the cyber security unit hopes to protect businesses and individuals from the […]

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