Identity Finder is cautioning taxpayers about increased exposure to identity theft, saying that the amount of personal data that is in transit electronically over the tax season can make individuals more vulnerable to identity predators, according to a news release on Thursday.
"Hackers and identity thieves view tax season as a prime opportunity because so much private data is being shared electronically," Todd Feinman, CEO of Identity Finder, stated in the release. "It is important for individuals to be aware of the risks associated, and steps that can be taken to protect personal information."
Citing Federal Trade Commission (FTC) data, the company said on its website that 250 million-plus "personal records of U.S. residents have been exposed since 2005, and in 2008 alone 10 million Americans were victims of identity fraud, an increase from 2007 by over 20%."