Share This Article

Facebook LinkedIn
Twitter Reddit
Print Email
Pinterest Gmail
Yahoo
Money Morning
×
  • Invest
    • Best Stocks to Buy
    • Stock Forecasts
    • Stocks to Sell Now
    • Stock Market Predictions
    • Technology Stocks
    • Best REITs to Buy Now
    • IPO Stocks
    • Penny Stocks
    • Dividend Stocks
    • Cryptocurrencies
    • Cannabis Investing
    • AI Investing
  • Trade
    • How to Trade Options
    • Best Trades to Make Now
    • Options Trading Strategies
    • Weekly Trade Recommendations
  • Retire
    • Income Investing Guide
    • Retirement Articles
  • More
    • Money Morning LIVE
    • Special Investing Reports
    • Our ELetters
    • Our Premium Services
    • Videos
    • Meet Our Experts
    • Profit Academy
    • Postcards
Login Archives Your Team About Us FAQ
  • Invest
    • Best Stocks to Buy
    • Stock Forecasts
    • Stocks to Sell Now
    • Stock Market Predictions
    • Technology Stocks
    • Best REITs to Buy Now
    • IPO Stocks
    • Penny Stocks
    • Dividend Stocks
    • Cryptocurrencies
    • Cannabis Investing
    • AI Investing
    ×
  • Trade
    • How to Trade Options
    • Best Trades to Make Now
    • Options Trading Strategies
    • Weekly Trade Recommendations
    ×
  • Retire
    • Income Investing Guide
    • Retirement Articles
    ×
  • More
    • Money Morning LIVE
    • Special Investing Reports
    • Our ELetters
    • Our Premium Services
    • Videos
    • Meet Our Experts
    • Profit Academy
    • Postcards
    ×
  • Subscribe
Enter stock ticker or keyword
×
Join 100,000+ Like-Minded Investors Today
Twitter
Tags: Your Money

Cybersecurity News: How to Keep Your Online Tax Data Safe

By David Zeiler, Associate Editor, Money Morning • @DavidGZeiler • February 17, 2015

Start the conversation

Leave a Reply Click here to cancel reply.

You must be logged in to post a comment.

Cybersecurity news: This was just what the 29 million customers of tax preparation software TurboTax feared most - a fraud alert.

On Feb. 6 TurboTax, a unit of Intuit Inc. (Nasdaq: INTU), was forced to suspend its processing of state tax returns for 24 hours. In the preceding days Intuit and 19 states had noticed a spike in fraudulent state tax returns.

Now the Federal Bureau of Investigation (FBI) is looking onto the matter. But customers of TurboTax, or users of any electronic tax filing service, now have something else to worry about.

And it means taxpayers need to get a lot more proactive about cybersecurity.

Money Morning Chief Investment Strategist Keith Fitz-Gerald says that people can't rely on the government or the software companies to protect their online tax data. To be truly safe Fitz-Gerald suggested people could go back to filing their taxes the old-fashioned way - on paper forms.

But in the world of electronic data that we live in, people do have some cybersecurity options.

"You can also look at something like LifeLock, for example, which gives you a modicum of protection if somebody's trying to abuse your credit. Because really, it's all about the cybertheft," Fitz-Gerald said in a Feb. 13 appearance on the FOX Business program "Cavuto."

In addition to this cybersecurity news, Fitz-Gerald also discussed the advancing technology of robots and how investors can profit from the trend. Watch the video below to hear everything Fitz-Gerald has to say.

Cybersecurity News Video: How to Protect Your Tax Data

An Investing Tip Worth Millions: Proper risk management is the only thing standing in between your portfolio and catastrophic loss. It's not the most exciting part of investing, but it is the most important. And there's one powerful tool that stands above all others. In one case, it made the difference between bankruptcy and $13 million...

Follow me on Twitter @DavidGZeiler.

Here Are 10 “One-Click” Ways to Earn 10% or Better on Your Money Every Quarter

Appreciation is great, but it’s possible to get even more out of the shares you own. A lot more: you can easily beat inflation and collect regular income to spare. There are no complicated trades to put on, no high-level options clearances necessary. In fact, you can do this with a couple of mouse clicks – passive income redefined. Click here for the report…

Claim My Free Report

Subscribe
Login
Notify of
guest

guest

0 Comments
Inline Feedbacks
View all comments


Latest News

September 15, 2023 • By Shah Gilani

We're Headed for a Second Banking Crisis - Here's What to Do

September 14, 2023 • By Tom Gentile

Tulips Are the Secret to Trading the Next 300% Rally in AI

September 14, 2023 • By Chris Johnson

Tulips Are Telling Me How To Trade the Next 300% rally in AI
Trending Stories
ABOUT MONEY MORNING

Money Morning gives you access to a team of market experts with more than 250 years of combined investing experience – for free. Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors.

QUICK LINKS
About Us COVID-19 Announcements How Money Morning Works FAQs Contact Us Search Article Archive Forgot Username/Password Archives Profit Academy Research Your Team Videos Text Messaging Terms of Use
FREE NEWSLETTERS
Total Wealth Research Power Profit Trades Penny Hawk Midday Momentum
PREMIUM SERVICES
Money Map Press Home Money Map Report Fast Fortune Club Weekly Cash Clock Microcurrency Trader Hyperdrive Portfolio Rocket Wealth Initiative Quantum Data Profits Flashpoint Trader Darknet Alpha Accelerators Brutus Alerts Resource Traders Alliance L.A.U.N.C.H. Investor Rob Roy Trader Long-Term Equity Profits

© 2023 Money Morning All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning.

Address: 1125 N Charles St. | Baltimore, MD, 21201 | USA | Phone: 888.384.8339 | Disclaimer | Sitemap | Privacy Policy | Whitelist Us | Do Not Sell or Share My Personal Information

wpDiscuz