South Carolina hacking incident report released, heads roll
This looks as bad as we suspected it would be. We have not read the report but several news outlets are reporting key details.
The Post and Courier in Charleston has the best summary right now
1. Yes, the thieves stole bank account information in addition to social security numbers.
2. The State knows exactly who had their information stolen and who is not exposed. Apparently anybody who filed paper tax returns and did not filed electronically for any of the affected years is “safe”.
3. The Director of the Department of Revenue will resign by the end of the year.
Tax On Wheels, LLC will probably have specific recommendations for our clients after we read the report. We will post our recommendations here for anyone who is interested.