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The holiday season is a prime time for identity thieves to target victims. With the growth of online shopping, millions of Americans are potentially exposed to online fraudsters. The first line of defense against online attacks is strong passwords.
A previous IRS Commissioner noted, “Taking a few simple steps to protect your passwords can help protect your money and your sensitive financial information from identity thieves, which is critically important as tax season approaches. Protecting your information makes it harder for an identity thief to file a fraudulent tax return in your name.”
Cybersecurity experts have changed their recommendations related to password strategies. Previously, they suggested complex passwords that were different for every online account. Because most individuals have accounts for financial services, social media, online shopping and other purposes, the number of complex passwords needed became too overwhelming and difficult to recall.
As a result, security experts now recommend longer phrases such as “SomethingYouCanRemember@30.” Here are nine IRS tips to help protect online accounts:
Deadline for IRA Required Minimum Distributions
Time to Prepare for Tax Filing
Parents Protect Children and Teens with Good Online Security
