The IRS wants to create a set of reliable tools and processes for cracking crypto wallets as the purchase of goods and services using the technology becomes more popular. The IRS’s Criminal Investigations division faces difficulties in that cryptocurrencies are harder to trace and therefore do not offer the same

The Internal Revenue Service (IRS) has warned of a scam targeting college students. The scam is a phishing attempt in which the perpetrators are posing as the IRS with subject lines such as “Tax Refund Payment,” according to a warning released by the agency. The IRS sought to alert educators,

The Treasury Department reportedly is investigating potential ways to trace currency that is known as untraceable, seeking to expand its visibility into cryptocurrency transactions. These transactions enable anonymity and allow for more privacy between the parties involved than most other blockchain-based exchanges. Cryptocurrency is transmitted virtually through a decentralized digital

The IRS has warned Americans about an influx in scams related to the COVID-19 pandemic occurring over either email, phone calls, or social media that requests personal information while using fraudulent IRS stimulus checks as a lure. The scam campaign can result in identity theft and tax-related fraud and is

The IRS is warning taxpayers about a phishing campaign in which threat actors are masquerading as IRS agents. The scammers are distributing emails made to look like official IRS messages. Recipients are urged to click on a malicious link in order to download documents with information about their tax refunds.

A recent audit[pdf] of the Internal Revenue Service (IRS) by the United States Government Accountability Office (GAO) exposed 14 shortcomings in relating to information system security control. The deficiencies undermined access control (8), configuration management control (4), segregation of duties (1), and contingency planning (1). The report also found that as

A recent audit by the Treasury Inspector General for Tax Administration (TIGTA) concluded that many of the IRS’ web applications that people can use to pay taxes or access tax-related services are relying on outdated security controls. In order to properly secure taxpayers, the apps should incorporate the National Institute

IRS use of social media for information mining connected to audits has been rumored, but it has not been confirmed until a recent request for information shows that it is seeking to formalize a tool to compile relevant public information from social media sites. The request reads that “businesses and

The IRS published a request for information on combining machine learning with cyber security programs to build a data protection system that is “more than just a threat intelligence platform” and that “automatically and continuously learns the environment.” The agency has had ongoing cyber security problems, with a recent report