Do you use Gmail? If you do, you might have noticed a new addition to…

Encryption; why it should matter to you

Springtime for us means it’s time for none another than…spring cleaning! And if there is…

How to spring clean your PC!

Remember that time that you, channeling your inner diva, began to belt it out on…

The dangers of public Wi-Fi

Chalk it up to the fact that homo sapiens have always had to find new…

Curiosity killed the computer

Perhaps it’s no coincidence that “adware” and “annoying” both start with the letter A, because…

Adware Goes Rogue

We have written a lot about ransomware in all different forms and incarnations here on…

Ransomware, Ransomware , Everywhere

We’re betting you love your smartphone. It’s okay if you do, because you’re in good…

The Banking Trojan in Your Pocket (or, Why Your Smartphone is Way Less Secure Than you Think it is)

Where were you in 2012? If you were on LinkedIn back then, there’s a good…

Have you Been Pwned in the LinkedIn Data Dump? Here is how to Tell!

Remember how your crazy old Aunt Sally stashed all her money in between mattresses because…

Lessons from the SWIFT Fiasco; Could you be Banking Safer ?

June is upon us and with it comes some of life’s sweet little pleasures –…

The Mega Hacks Cometh!

Invariably, if you use the internet a lot, you probably hear the term “The cloud”…

Are You a Closet-Cloud-Confusee? Understanding The Cloud and What it Means for Your Security

So if you remember, about two weeks ago we told you about a huge string…

Mark Zuckerberg Gets a Lesson in Password Safety

Boom! Whizz! Bang! Typically, when you think of the Fourth of July, you think about…

The How to Liberate  Your Device From Intruders Guide for the Fourth of July

Wondering what your friend or co-worker is doing, staring at his or her phone, wandering…

Go, Pokemon Go! The Latest Craze that Could Fill your Device with Malware

So not only is Pokemon go the biggest craze ever (seemingly anyway), it also seems…

Privacy in the Age of Pokemon Go!

We are well into the summer and for a whole lot of people that means…

Sure, it's Not Your Fault; But They Got Your CC Info Anyway

We’re finally in the home stretch – In just a few days, school starts up…

8 Essential Back-to-School Cyber Security Tips for a Rockin&#039; (and secure) School Year

Happy National Online Learning Day! Wait, is that even a thing? Well, it is and…

Happy Online Learning Day! (Yup, it's Really a Thing!)

Here at Reason Software, we are excited to announce the release of Unchecky v1.0. This…

Unchecky v1.0 is Here! Interview with Michael Maltsev

Attention any and all persons weighing 400 pounds or more — Donald Trump thinks you…

Is Cyber Security Worth a Spotlight at the Debates?

Gather ‘round and we’ll tell you a tale (okay, a few tales) of mystery, murder,…

Creepy Tales from the Internet of Things Crypt

As morning hits around the globe, the world is waking up to find out that…

Lessons Learned From the Election Shocker; Don't Let Hacks Take You by Surprise

For better or for worse, the biggest shopping season of the year has arrived. Now…

The Ultimate How to Not Get Hacked While Shopping Online Guide

Oh, Thanksgiving Day. You probably get a warm and fuzzy feeling even before the sugar…

The (Rotten) Gift that Keeps on Giving

As if worrying that your Android might suddenly explode wasn’t enough to worry about. Researchers…

The Gooligan Android Breach; What you Need to Know

“Um, honey, I think we have a problem. The computer is telling me that all…

Vulnerability of the year: Ransomware

2016 has come and gone and now we can look back at the year that…

A is for Apple, B is for BitCoin; The Most Noteworthy Data Breaches of 2016

It’s been a full fifteen minutes since you last checked your Facebook account (oh, the…

Fake News Flash; Think Before you Share!

Mobile devices have come a long way. We mean a reeeallly long way. In but…

Simple Tips to Spotting Evil Apps

How does the idea of a smart city sound to you? The term might conjure…

The Hidden Dangers in Smart Cities + 5 Bonus Tips to Secure Your IoT Devices

You know the only saying “Nothing is certain but death and taxes”? Seems pretty clear…

5 Tricky Tax Season Scams and How to Avoid Them

When was the last time you went to your bank? If it feels like you’re…

5 Major FinTech Security Concerns You Need to Know About Before You Bank

In honor of Mother’s Day, we thought it would be fitting to take a look…

The amazing mothers of tech

By now, WannaCry is a household name. The ransomware that shocked the world on May…

WannaCry No More? You Better Start Patching

When is adware not just adware? When it’s also malware, of course! Fireball, a new…

Fireball & the explosive malware heard around the world

Imagine this scene: You’re sitting at home one night, happily watching House of Cards on…

Attacks to critical Infrastructures: the next cyber front to worry about

“We pride ourselves on being a leader in managing and protecting data….We also are focused…

Think Your ID was Exposed in the Equifax Breach? Here&#039;s What to do About it

This post has been updated to reflect the current BitCoin to UD Dollar exchange rate,…

Everything You Need to Know About Cryptocurrency

In a recent post, we discussed the basics of cryptocurrency — what it is, how…

The Role of Cryptocurrency In Cyber Crime

Remember the Petya/NotPetya ransomware outbreak from back in June? That was the ransomware that was…

Bad Rabbit: The New Ransomware With Some Famous Cousins

“It’s the most hackable time of the year.”  Oh wait, that’s not how the song…

How To Steer Clear of Cyber Monday Scams

As the holidays draw closer, chances are you’re busy making your gift list and checking…

What NOT to buy for the holidays

Another day, another oddly named malware attack. Last week, researchers from Kaspersky disclosed that they…

ZooPark and Watering Hole Attacks

So now, May 25th has come and gone. If you live in the EU, you’re…

Oh, the irony; phishers are using GDPR to scam you

Which is worse: getting hit with crypto mining malware or falling prey to ransomware? with…

Ransomware or crypto mining malware? Rakhni is both!

You may not have known, but September 15th is National Online Learning Day. Nowadays, it…

Watch out for online learning scams!

Veux-tu Virobot? For the non-francophones among us, what we’re asking is if you’ve heard about…

Virobot: are monster mash-ups the future of ransomware?

January 28th is International Data Privacy Day. If you’re wondering why data privacy needs its…

It's Data Privacy Day: What does your camera know about you?

Today, cameras are everywhere — on our phones, our Alexas, baby monitors, desktops, laptops, home…

Webcam hacking; taking back what’s yours

In spring 2018, a powerful banking Trojan named BackSwap surfaced, targeting online banking users in…

Browser-based threats; Don’t worry, we’ve got your back

Another day, another major hack. This time around, India-based outsourcing giant Wipro was hit with…

To Scan or Not to Scan; The Proactive Way to Protect Your PC

  Today is Mother’s Day, the day set aside to honor those special women, who…

The 5 Coolest Mother’s Day Tech Gifts You Can Find (and how to secure them!)

Reason is excited to launch Reason for Business, a powerful endpoint security protection solution for…

We Invite You to Join Reason for Business Beta

Cybersecurity breaches only make the headlines when they involve large entities like banks or tech…

Think SMBs Fall Under the Radar as Targets for Cyber Threats? Think Again.

The threat landscape is undeniably becoming more challenging and more menacing every day. It seems…

Reason Download Defender- It’s time to defend your downloads.

While spring cleaning may only come around once a year, PC cleaning needs to happen…

Should I Remove It? It’s cleaning time! How to declutter your PC.

6 tips for celebrating National Online Learning Day and keeping your data safe! Magnifying the…

To learn (online) or not to learn?

Next up on the ‘crazy meter’, and probably the ‘creepy meter’ as well, is the…

What happens when ‘ransomware’ meets ‘crazy’?

Recently, the cryptoblackmail scam, “ScamYourself”, has returned to the market – many usersworldwide have been…

Threat Analysis Report: Save Yourself Malware

The advent of the Internet and Internet-enabled technologies not only ushered in the era of…

Threat Intelligence; A Unifying Force of the Future.

Halloween: Famous SMB Cyber Attacks in Disguise. Halloween normally conjures up images of costumes and…

All Tricks and No Treats

Looking for another reason to put on your party hat? Well, we’ve got one: International…

International Internet Day: A Reminder about Security Online.

Start by Installing Reason Cybersecurity – Get 70% Off Today! Think about this for a minute:…

How to Keep Your Business Safe on Cyber Monday

Before launching into a discussion on how an antivirus detects malware, it’s important to first…

How does an antivirus detect malware?

Hacking has evolved into a billion-dollar growth business, making hackers relentless in their pursuit to…

Can Antivirus Programs Stop Hackers?

Get 70% Off Reason Cybersecurity on Black Friday and Keep Your Business out of the…

Cyber attacks and Black Friday: It only takes one to put you on the red

Windows 10, according to theinquirer.net, is a particularly appealing target for hackers and virus writers…

Which Antivirus is Best for Window 10?

Antivirus programs were initially created to distinguish and expel PC infections. Be that as it…

What is antivirus software and how can it protect you?

I think we can all agree that pups, the friendly, loyal, man’s-best-friend kind are cute…

Unwanted Software Blockers: Why Small Businesses Need Them

It’s here, 2020, the start of not just a new year, but a new decade…

Small business growth and guardianship in 2020: staying safe from hackers

Today, Windows 10 comes with Windows Defender, a native, comprehensive antivirus solution already integrated into…

What antivirus software comes with Windows 10?

So you’ve finally decided on the antivirus (AV) software you want to install and are…

Will antivirus software remove existing viruses?

We hear the terms ‘antivirus’ and ‘antimalware’ bandied about so much it’s easy to understand…

Can antivirus detect malware?

While there is no quick way to answer which antivirus is better, there are at…

Which antivirus is better?

To answer the question, ‘can antivirus software remove viruses’, we should first examine what antivirus…

Can Antivirus Remove Virus?

If you perform a Google search to find out which antivirus is good, the search…

Which antivirus is good?

If Windows is your computer operating system, you’re in good company; according to statista.com, Windows…

Which is the best antivirus for Windows?

The best protection against viruses and malware is reliable, up-to-date, antivirus software. Fortunately, there are…

Which antivirus should I use?

Learning about antivirus programs and how antivirus programs protect your computer is a good first…

How antivirus programs protect your computer

“Reaper”, the first antivirus software, was created in response to “Creeper” the first computer virus,…

Are antivirus programs worth it?

If you’re alarmed by all the news reports about malware attacks and the damage they…

It’s been over 40 years since the Creeper computer virus, made its appearance, and although…

Is an antivirus necessary?

The term ‘antivirus’ is a bit of a misnomer today, since today’s antivirus software must…

why antivirus is needed?

According to cybercrime statistics from cpomagazine.com and websitehostingrating.com respectively, cybercrimes account for trillions of dollars…

Why is antivirus software important?

The first question people usually ask about antivirus (AV) software, is ‘do I really need…

How do you know what antivirus to use?

Hackers are always looking for security holes so that they can install malware on your…

Which Antivirus is Best for Laptops?

Windows 10 was first launched in 2015, but it wasn’t until January 2018 that it…

Which Antivirus is Best for Windows 7

We hear a lot about the importance of having antivirus software on our computers, but…

How Does Antivirus Software Work?

According to a recent report from statista.com, an online statistics portal, 74% of Americans own…

Which antivirus is best for a Windows 10 laptop?

To combat the continuously evolving landscape of cybersecurity threats, antivirus software has been changing and…

How Antivirus Software Works

The alarming proliferation of malware and cyber attacks, reported almost daily in the news, has…

What antivirus do I need?

If a salesperson at a clothing store asked you if you needed any help and…

Browser or big brother? ReasonLab’s secure browsing premium feature protects your business

Antivirus, aka anti-virus, aka anti-malware, aka security software, has been around since 1971, and yes,…

What do antivirus do?

Cybercrime is on the rise; it is becoming increasingly ubiquitous and menacing. From private individuals,…

Which antivirus should I buy?

Cybercrime is a global phenomenon and India has been just as affected by it as…

Which antivirus is best for PCs in India

For a very long time, it was widely promulgated that Apple computers didn’t get infected…

What antivirus does Apple use?

Pretty much anyone who uses the Internet today has heard of computer viruses and malware…

How Antivirus Protects Your Data

The right to privacy has a long, sometimes contentious history, but today it is recognized…

Can small businesses really keep their data private?

Happy Valentine’s Day to all the cyber criminals in the world! …said no small business…

Small businesses need some Valentine’s Day love too

You can’t make this stuff up. One Sunday last year, Gillian Franklin, owner of Heat…

7 Cybersecurity Beauty Hacks You Need to Know!

## Tax Identity Theft Definition
Tax-related identity theft is a distressing and increasingly common form of fraud that occurs when criminals use stolen personal information to file fraudulent tax returns or claim tax refunds on behalf of unsuspecting victims. This malicious act can lead to significant financial and emotional distress for the victims. 

In this blog, we'll delve into the world of tax identity theft, how it occurs, and crucial steps you can take to protect yourself from falling prey to this pervasive threat.

## What is Tax Identity Theft?
Tax identity theft is a type of identity theft in which criminals use stolen Social Security numbers, names, and other personal information to commit tax-related fraud. The goal is to file fraudulent tax returns claiming refunds and obtain the money before the legitimate taxpayer has a chance to file their actual return. Alternatively, the thief may use the stolen information to underreport income and evade taxes.

## How Does Tax Identity Theft Happen?
How can tax identity theft occur? Tax identity theft can happen through various means, and it's crucial to understand the common ways criminals gain access to your personal information:

- **Data Breaches**: Hackers target businesses, government agencies, or financial institutions to obtain vast amounts of personal data from data breaches, including Social Security numbers, which they can then use for tax identity theft.
- **Phishing Scams**: Criminals send fake [phishing](https://cyberpedia.reasonlabs.com/EN/phishing.html) emails or messages impersonating trusted organizations, such as the IRS or tax preparation companies, to trick individuals into providing their personal information willingly.
- **Stolen Documents**: Thieves may physically steal documents containing sensitive information, such as tax forms or financial records, from homes, offices, or mailboxes.
- **Social Engineering**: Scammers use [social engineering](https://cyberpedia.reasonlabs.com/EN/social%20engineering.html) tactics to manipulate individuals into revealing personal information over the phone or through other communication channels.

## Signs That Tax Identity Theft Has Happened
Detecting tax identity theft early is crucial for minimizing its impact. Look out for these warning signs:
- Receiving a notice from the IRS stating that more than one tax return has been filed in your name.
- Unexpectedly owing additional taxes, receiving a reduced refund, or not receiving your expected refund.
- Receiving tax-related documents from employers or financial institutions that you haven't worked with or dealt with.
- Being unable to e-file your tax return because the IRS detects a duplicate Social Security number on another return.

## Protecting Yourself from Tax Identity Theft
Tax identity theft can wreak havoc on your financial life and cause lasting damage if not detected and addressed promptly. By being vigilant, safeguarding your personal information, and staying informed about tax identity theft risks, you can protect yourself and reduce the chances of falling victim to this devastating form of fraud. 
To safeguard yourself from tax identity theft, follow these preventative measures:
- **Protect Personal Information**: Safeguard your Social Security number, tax documents, and other sensitive data. Only share such information when absolutely necessary, and avoid storing it in easily accessible locations.
- **File Early:** File your tax return as early as possible before fraudsters can use your information to file a fraudulent return.
- **Use Secure Networks**: Be cautious when accessing tax-related websites or entering personal information online. Use secure, password-protected networks and avoid public Wi-Fi for sensitive transactions. Using a VPN such as [RAV VPN](https://reasonlabs.com/platform/products/vpn) is also recommended when entering personal information online. 
- **Be Wary of Phishing Scams**: Never click on suspicious links or provide personal information in response to unsolicited emails or messages.
- **Monitor Your Credit**: Regularly check your credit reports and financial accounts for any unauthorized activity or discrepancies. (For more information on credit monitoring, read our blog on credit monitoring services).
- **Use a Reputable Tax Preparer**: If you use a tax preparer, choose one with a good reputation and verify their credentials.

## Tax Identity Theft And Tax Fraud - What’s The Difference?
Although both involve illegal activities related to taxes, tax identity theft and tax fraud are distinct in their nature and execution. Tax identity theft occurs when an individual's personal information is stolen, and often happens without the victim's knowledge until they attempt to file their legitimate tax return and discover that someone else has already filed using their information. The victim may face delayed refunds, tax disputes, and potential financial repercussions.

Tax fraud, on the other hand, refers to a deliberate and intentional act of dishonesty or deception with the intention of evading taxes, underreporting income, inflating deductions, or falsifying tax-related information on a tax return. This fraudulent activity is carried out by the taxpayer themselves, rather than an external fraudster stealing the taxpayer's identity. 

Tax fraud can include actions such as submitting false or misleading information, not reporting income, or claiming false deductions to reduce tax liability unlawfully. These actions can lead to penalties, interest charges, and reputational damage for the taxpayer.

## What Is A Tax Identity Shield?
A tax identity shield, also known as tax identity theft protection or tax identity theft monitoring service, is a specialized service or product designed to help individuals protect themselves against tax-related identity theft. It offers proactive measures to detect and prevent fraudulent activities related to tax filing and provides assistance in case of identity theft incidents involving taxes. This service aims to minimize the risk and impact of tax identity theft on taxpayers.

## Key Features of a Tax Identity Shield
- **Monitoring Services**: Tax identity shields continuously monitor your personal information, such as your Social Security number and tax-related data, for any suspicious activities or signs of potential identity theft.
- **Fraud Alerts**: If the service detects any unusual activity, it immediately sends fraud alerts to the individual, notifying them of potential threats and prompting them to take action.
- **Dark Web Monitoring**: Some tax identity shields include [dark web monitoring](https://cyberpedia.reasonlabs.com/EN/dark%20web%20monitoring.html), which scans underground forums and websites where stolen personal information is often traded, to check if your data is at risk.
- **Resolution Assistance**: In case of tax identity theft, the service provides expert assistance and guidance to help you resolve the issue, including filing an identity theft report with the IRS.
- **Insurance Coverage**: Some tax identity shields may offer insurance coverage to reimburse you for expenses incurred due to identity theft, such as legal fees, lost wages, or costs related to restoring your identity.
- **Credit Monitoring**: Some services also include credit monitoring features to help you keep an eye on your credit reports for any unauthorized activities.
- **Educational Resources**: Tax identity shields often provide educational resources and tips on how to protect yourself from tax-related scams and identity theft.

## Is a Tax Identity Shield Necessary?
The decision to use a tax identity shield is a personal one and depends on individual risk tolerance, previous experiences with tax identity theft, and the level of comfort with self-monitoring. While tax identity shields can provide an additional layer of protection and peace of mind, it's essential to remember that no service can guarantee complete protection against identity theft. And as mentioned above, taxpayers can also take several proactive steps to protect themselves and safeguard personal information from tax identity theft, without using a paid service. 

Before subscribing to a tax identity shield service, it's essential to research and compare different providers to ensure that the service aligns with your needs and provides adequate protection for your specific situation. Additionally, always be cautious when sharing personal information and only use reputable and trusted services.

Remember to report any suspected tax identity theft to the IRS and take proactive measures to secure your financial well-being. Stay informed, stay alert, and stay safe during tax season and beyond. For more information on identity protection and online security, including the ReasonLabs Online Security browser extension, visit [www.reasonlabs.com](https://reasonlabs.com)

Find out more about tax identity theft and how you can prevent yourself from becoming a victim.

#Identity theft

What is Tax Identity Theft? How You Can Protect Yourself

Top Tips For How To Remove Hard Inquiries From Credit Report

Is the Dark Web Dangerous? Understanding Why It's Used

Is It Safe To Text Social Security Numbers? 10 SSN Safety Tips