Tag Archives: Indiana

Indiana stops $88M in identity theft in 2014

By: frankieleon

Indiana is successfully putting a stop to identity theft due to new security measures. The Indiana Department of Revenue reported that the agency stopped over $88M in identity theft in 2014. Residents of Indiana should expect to see similar security measures in place for the 2015 tax season.

One of the security measures that the Department of Revenue will uses is an identity confirmation quiz. The quiz is two-minutes long and asks taxpayers to verify their identity.

According to WTHR, “The Department of Revenue says the $88 million figure came from stolen or manufactured identity theft tax refunds stopped (out of $800 million in total requested refunds); 74,000 fraudulent returns identified (out of 2.2 million total returns requesting refunds); 3.5 percent of all tax returns were fraudulent.”

The security features in place helped taxpayers realize that their identities had been stolen. Indiana residents, and residents of every state in the U.S., are reminded to take care when giving out personal information and to make sure that private information is secure.

Indiana offers residents a guide on protecting themselves from becoming victims of identity theft through the department’s Stop ID Theft website.