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April 1, 2009

Protect Your Personal Data When Filing Taxes Online

As April 15 approaches and taxpayers scramble to complete their tax returns, it’s critical that they take extra care to guard their personal information.

Consider what’s exposed and vulnerable: your Social Security number, address, name and financial information.

“These numbers can be a gold mine for identity thieves,” according to the Identity Theft Resource Center. “Your personal information can enable a thief to obtain a job, open up new lines of credit, access existing financial accounts or stock portfolios, get welfare, avoid a criminal history and generally create havoc in your life.”

So here’s how to protect yourself:


Run a full scan of your computer before doing your taxes

“You’ve got the best chance of finding something that somehow got past your antivirus protection and is lurking there,” said Ray Dickenson, chief technology officer at Authentium, which develops Internet security software.

“Remember that fraud issues aren’t necessarily contained within the Web site you visit. The so-called ‘malware’ (malicious software) may already be within your PC, which then exposes your personal and financial information to cybercrooks.”


Disable file-sharing software

“File-sharing programs like LimeWire make files on your computer visible to other users on the Internet,” Dickenson said. “When you install a file-sharing program like LimeWire, the program automatically shares your music with everyone else on the Internet, but not just music; almost any kind of file, including Word documents and Adobe PDF files.”

Make sure your antivirus programs are up to date

But know that antivirus programs can’t find all the malware that may be on your PC.

Be sure you understand how electronic tax-filing products keep your information secure.

“The privacy and security of customer data is a top priority for Intuit,” said Julie Miller, spokeswoman for Intuit, which manufactures the popular TurboTax tax-filing software.

The online version of TurboTax stores your tax information on a firewall-protected server and can only be accessed…

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