Even if restricted to specific accounts, an attack targeting users’ tax return information is alarming. The IRS is expecting more than 150 million individual tax returns to be filed this year, and last year, e-filed tax returns accounted for 92% of all tax returns filed in the United States. Understandably, many turn to e-filing because of its convenient benefits: more accurate tax returns, the ability to file federal and state tax returns simultaneously, immediate confirmation of successful filing and the convenience of saving physical space by storing documents electronically. With breaches becoming commonplace, passwords and passcodes are critical to secure online accounts, but they’re only as good as you make them. Tax season is the perfect time for users to reevaluate their online security and create unique, strong passwords for each of their online accounts, especially when e-filing taxes.

Source: Forbes April 12, 2019 12:45 UTC