RE: response to tax software not encrypting tax info

From: Ken.Williamsat_private
Date: Fri Mar 14 2003 - 12:47:29 PST

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    Hi,
    
    I have read both of the original advisories, and all of the replies 
    on this subject, and nobody yet has properly assessed AND 
    emphasized the actual risk associated with this tax software.
    
    Lots of software programs do not encrypt sensitive data, but what 
    makes this tax software different, and what increases the 
    associated risk *substantially*, is that so much of your sensitive 
    personal and financial information is contained, unencrypted, IN 
    ONE PLACE.  Your full name, address, date of birth, phone number, 
    social security number, bank account numbers, employment 
    information, income information, credit card numbers (if making tax 
    payment with CC), stocks, bonds, other investments, business 
    information, etc - ALL IN ONE PLACE.  If you are married filing 
    jointly, or have children or dependants on your tax return, then 
    the personal and financial info for even more people is exposed. 
    All of the information is guaranteed to be current and correct too. 
    This is a gold mine for identity thieves.  Identity theft is one of
    the fastest growing crimes in the US right now too.
    
    Reference:  http://www.consumer.gov/idtheft/
    
    
    Vendors of tax software should not allow users to leave all of this 
    data in one place unencrypted; the risk is too great.
    
    Note also that other tax software programs not mentioned in the 
    original advisories are also vulnerable to this issue (thanks for 
    noting those issues, kjk).  I'm not at liberty to discuss those
    other tax software packages though.
    
    Regards,
    ken
    
    Ken Williams ; CISSP
    eSecurityOnline - an eSecurity Venture of Ernst & Young 
    ken.williamsat_private ; www.esecurityonline.com ; 1-877-eSecurity 
    
    



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