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It's Hunting Season
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"The Next Facebook, Except that You Can Make a Fortune"A recent security breach at a major tax preparation provider was a welcome surprise for alert fraudsters and a reminder to consumers that your secrets are safe from no one -- particularly this time of year. January 10, 2006 H&R Block (NYSE: HRB) sent out an unwelcome promotional gift over the holidays -- free tax preparation software. The objectionable surprise wasn't the contents of the box; it's what was printed on the mailing label. Next to the recipient's name and address was a 40-character source code containing the addressee's nine-digit Social Security number. For alert fraudsters, it was one special delivery. According to the company, the inadvertent glitch was included in less than 3% of the promotional mailings. (The expanse of the campaign was not made public.) Within 72 hours of the December mailing mishap, H&R Block notified customers whose private data it broadcast via the postal system. Unfortunately, this is the season when such data is legitimately plastered all over the place. We're now entering the identity thief's version of the annual donor drive. |
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Identity theft
is a major problem in America today
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