Report: 93 percent of all potentially fraudulent tax returns are filed online. Cybercriminals often file a return for a child, an adult whose income doesn’t merit a return, or even a deceased person. Fraudsters often receive returns on prepaid cards, which are then turned into cash. In the first half of 2013 alone, 1.6 million taxpayers were affected by identity theft. The IRS’s launch of a new mobile app this year could increase the rate of fraud, the report states.”]
Source: https://www.darkreading.com/authentication/report-cybercriminals-bank-nearly-4-billion-on-tax-fraud