Is Your Tax Refund Safe?

file_161555_0_tax refundYour tax refund may take a few days longer to land in your bank account this year. That’s because criminals from around the world are determined to get to it first.

“Our systems are attacked about a million times a week,” IRS Commissioner John Koskinen says. “These are Russian syndicates, Chinese. … They’re coming from all over.”

I talked to Koskinen on the same day his agency revealed that last year’s attack on the IRS’ Get Transcript system was more than twice as bad as previous estimates. The hackers apparently accessed tax return information for more than 700,000 people, not 334,000 as was reported last summer.

In my latest for NerdWallet, what the hackers did with that information, and how it could affect this year’s refunds.

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