On September 29, weeks after Equifax admitted to having lost the most sensitive financial and personal information of 143,000,000 Americans (but a week before Equifax admitted that the total was actually 145,500,000) (and counting), the IRS awarded the company a no-bid contract for $7,250,000 to verify taxpayer identities and curtail fraud.
Yes, prevent fraud. That’s a funny thing, considering, according to Equifax’s own ex-CEO Richard Smith, the company failed to identity for four months the fact that hackers were hanging out inside its systems, syphoning personal information for millions of consumers.
Of course, the type of fraud Equifax will be charged with preventing under the IRS contract is different — mainly dealing with detecting when a person is using someone else’s information to file a tax return.
Still, that type of fraud could be tied to Equifax. After all, with millions of consumers’ personal information now up for grabs thanks to the company’s breach, it wouldn’t be entirely surprising if someone bought that data and used it to file a fraudulent tax return.
IRS Awards $7.25M Fraud-Prevention Contract To Equifax Despite Failure To Secure Consumers’ Data [Ashlee Kieler/Consumerist]
The looming threat of mass-unemployment driven by automation has been grossly overstated: while it's true that "truck driver" is one of the most common jobs in America, the vast majority of truck drivers are not long-haul drivers, which are the drivers at risk of having their jobs automated out of existence.
A combination of hubris (failing to heed the stern warnings that bidders should only participate if they know what they're doing), cryptic annotations and confusing illustrations resulted in a bidder buying a 12" wide, 100' long strip between two properties in Broward County, Florida -- an odd parcel that had been formerly owned by the […]
Internet Archive founder Brewster Kahle (who also founded the company Alexa, now an Amazon division) ordered a pack of Sharpies from Amazon using the Internet Archive's business account, then, minutes later, ordered another pack using his personal account, both to be delivered to the Internet Archive: the order for the Internet Archive was priced at […]
Even if you feel like AirPods are worth the price tag, you’ve got to admit there’s a certain anxiety that comes with using them. What if I lose them? What if they get wet in the rain? Or drenched in sweat? Or fall into the drink you dropped them into? Shiny tech is great, but […]
With the quick-fix appeal of video games and their own cell phones, it can be tough to keep kids focused on supposedly “educational” toys. And while it may seem counter-intuitive to fight tech with more tech, we’re all in when it comes to the Toybox 3D Printer. We’re not sure if anyone had envisioned a […]
Whether you’re an artist, designer or just organizing a photo album, photo editing software is a must. And software designers know it: Platforms like Photoshop and Lightroom have a ton of helpful features, but you’ll pay for them in spades. Luckily, there’s some competition in the photo editing arena. Right now, Skylum’s Luminar software is […]