IRS: More work remains in battle against identity theft

IRS National Taxpayer Advocate

Update: The 14-day trial offer mentioned in the bottom of this post is no longer available.

The Internal Revenue Service reported that it made several steps to expand its identity theft detection/prevention efforts and fraud refund efforts in 2015, and publicly posted about how stopping these crimes is one of its priorities.

A few takeaways from the IRS’ report:

→ From 2011 through October 2014, the IRS stopped 19 million suspicious returns and protected more than $63 billion in fraudulent refunds.

→ Beginning in January 2015, the IRS began limiting the number of direct deposit refunds to a single financial account or pre-paid debit card to three.

→ In fiscal year 2014, the IRS initiated 1,063 identity theft related investigations. Criminal Investigation enforcement efforts resulted in 748 sentencings as compared to 438 in FY 2013, an increase of 75 percent, and the incarceration rate rose 7.1 percent to 87.7 percent. The courts imposed significant jail time with the average months to serve in FY 2014 at 43 months as compared to 38 months in FY 2013 — the longest sentencing being 27 years.

But even the IRS admits that the battle is far from over.

“While the IRS has made considerable progress in this area, more work remains. Fighting identity theft is an ongoing battle as identity thieves continue to create new ways of stealing personal information and using it for their gain. Identity theft cases are among the most complex handled by the IRS. The IRS is continually reviewing processes and policies to minimize the incidence of identity theft and to help those who find themselves victimized.”

This admission, and even the numbers given above, reinforce the need for everyone to get full protection now. Learn more about how TurnKey ID Solutions offers a complete solution and sign-up now for your 14-day FREE trial.

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LifeLock Ordered to Pay Millions Due to Deceptive Advertising, ‘Troubling Charges’

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Identity protection company LifeLock will pay $100 million to settle contempt charges from the Federal Trade Commission for violating a 2010 order that required Lifelock to secure customers’ personal information and to not engage in deceptive advertising, according to a press release from the FTC posted on Thursday.

“This settlement demonstrates the Commission’s commitment to enforcing the orders it has in place against companies, including orders requiring reasonable security for consumer data,” said FTC Chairwoman Edith Ramirez. “The fact that consumers paid LifeLock for help in protecting their sensitive personal information makes the charges in this case particularly troubling.”

The FTC charged LifeLock with violating four parts of a 2010 order. It accused the company of the following:

1. LifeLock failed to establish and maintain an information security program to protect users’ sensitive personal information, including their Social Security Numbers and credit and bank account numbers
2. LifeLock falsely advertised that it protected customers with the same high-level safeguards used by financial institutions
3. LifeLock falsely advertised that it would send alerts as soon as it received any indication that a customer might be a victim
4. LifeLock failed to follow record-keeping requirements

Read the full release and check out our Stories section to see how TurnKey ID Solutions has proven its reliability, effectiveness, and trustability to its customers.

What You Need to Know: “All-Clear” Emails

Question from a customer: I signed up for TurnKey ID Solutions but have not yet logged into the Members Area to complete step two of the set-up and installation process in order to begin the protection/monitoring and restoration services. But, I received an email today with this message: “While carefully monitoring your identity, we have discovered no suspicious activity in the last 30 days.” How can I be “all clear” when I have not yet set-up my personal profile?

Answer: That’s a great question. Once you sign-up to be a member through TurnKey ID Solutions, you are automatically put into the first level of monitoring. All this level requires is your name, address, phone number and email address (what you gave when you signed up) for us to begin scouring millions of databases and going back seven years to see if your identity has been compromised.

The next level of protection comes when you login the Members Area and enter your personal information. There, you can answer questions that identify you in order for ID Preserve to be on the lookout for more specific identity issues, such as someone signing up for a credit card in your name, etc.

This system is what makes us different from all others — it begins monitoring as soon as you sign up, without you having to provide your Social Security Number or indicating that you want to start using the product. It does all the work for you!

Even when you go deeper and provide more personal information in the Personal Information Center, we only ask identifying questions, such as, are X-X-X-X the last four digits of your SSN; or is [month] your month of birth, etc. This is one of our most attractive features! As a customer, you DO NOT have to provide much personal information, such as your full SSN, in order to be extensively monitored for identity theft risks. How much information you provide is completely up to you.

To start being automatically monitored for identity theft risks, sign up today for TurnKey ID Solutions.

TurnKey ID Solutions is the first-of-its-kind, patent-protected total identity protection solution available. It provides complete prevention; protection and monitoring; and restoration services.

Mobile Device Protection Software Added to TurnKey ID Solutions

As part of our commitment to provide you with a total identity theft protection solution, we’re excited to announce that we can now protect your mobile devices (iPhones/iPads/Androids/tablets) with our keystroke encryption (anti-keylogging) TurnKey ID Solutions software. This new protection has six components:

  • Password Vault – Securely stores an unlimited number of passwords with associated websites.
  • Strong Password Generator – This useful feature creates strong passwords based on user-defined preferences, and then stores the strong passwords in the password vault for future usage.
  • Soft Token – One-Time-Password (OTP) Generator for the industry leading multi-factor authentication platform. Features “one touch” user enrollment.
  • Support for other OATH compliant Soft Tokens – Works with other OATH compliant authentication systems.
  • Encrypted Database – Store notes and other data in user defined fields in an encrypted database.
  • Secure Keypad – Custom keypad that provides secure input by encrypting keystrokes and preventing the mobile OS from logging the keystrokes.
  • Secure Browser – Custom secure browser.

Become a TurnKey ID Solutions user today to get this important security software on your mobile devices. Sign up HERE for our 14-day FREE trial.