TIGTA: IRS Passwords at Risk


Investigators posing as IRS computer help desk personnel were able to persuade 60% of Service employees they contacted to change their password to one the investigator suggested, a violation of IRS computer security rules. The findings by the Treasury Inspector General for Tax Administration (TIGTA) echoed those of a similar test by TIGTA in 2001, when 71% of employees contacted breached password security. In a retest in 2004, only 35% of employees contacted did so. In the latest check, only eight of the 102 employees approached reported the request as suspicious; such reporting is a requirement under IRS computer security protocols. The IRS will remind employees of potential threats and conduct its own, more extensive test during fiscal 2008.

SPONSORED REPORT

2018 financial reporting survey: Challenges and trends

Learn the top reporting challenges that emerged in a survey of more than 800 finance, accounting, and compliance professionals across the world, and compare them with your organization's obstacles.

PODCAST

How the skill set for today’s CFO is changing

Scott Simmons, a search expert for large-company CFOs, gives advice for the next generation of finance leaders and more, including which universities are regularly producing future CEOs and CFOs.