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Stolen W-2 Forms Leaves Stanford University Employees Vulnerable to Fraud

13 de abril de 2016

Not long after the news broke out about the theft of W-2 information from Pivotal Software and Kentucky State University, Stanford University employees are exposed to possible tax fraud and identity theft from . ?According to an alert issued by the Department of Public Safety and Information Security Office, Stanford employee W-2 forms were fraudulently downloaded after hackers infiltrated the systems of W-2Express, a third-party service.

The downloads required prior knowledge of Social Security numbers and dates of birth, which are subsequently used to login and download the W-2 forms. The breach was discovered while Stanford officials were investigating a few fraudulent tax returns that had been filed. Around 3,500 W-2 forms of Stanford employees were downloaded, with at least 600 of them identified as fraudulent.

¡°The perpetrators were already in possession of this personal information, which was subsequently used to log in and download the W-2 forms. At this time, we have no reason to believe that this sensitive information was obtained from Stanford systems¡±, Randy Livingston, vice president for business affairs and CFO at Stanford posted.

[READ: How can you stay safe from tax fraud?]

In response to the breach, Stanford is working with the credit bureau Equifax and the school¡¯s Department of Public Safety to alert those who might have been affected. Equifax will provide free credit monitoring, fraud alert, and other services for all affected employees for a year. Additionally, W-2Express has been temporarily shut down to prevent further unauthorized access and will be restored as soon as a more secure authentication method is in place.

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