The $30 Billion Social Security Hack
Sometime last year computers at the U.S. Social Security
Administration were hacked and the identities of millions of Americans
were compromised. What, you didn’t hear about that? Nobody did.
The extent of damage is only just now coming to light in the form of
millions of false 2011 income tax returns filed in the names of people
currently receiving Social Security benefits. That includes a very large
number of elderly and disabled people who are ill-equipped to recognize
or fight the problem. It’s an impact pervasive enough that the IRS now
has a form just to deal with it: Form 14039: Identity Theft Affidavit,
December 2011.
Monday, April 9, 2012
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