IRS awards sole source identity verification contract to Equifax
I couldn't believe this when I heard it on the news last night, but apparently it really did happen. CNN reported it on its website this morning.
IRS has awarded a sole source $7.5M contract to Equifax to verify taxpayer identity and participate in ongoing identity verification and validations, whatever that means.
I'm sure there are fraud issues in taxpayer filing that need to be addressed, but Equifax is hardly qualified to manage any more confidential information after the fiasco of its mishandled data breaches. How many more American identities will be compromised now?
I would LOVE to read that contract; I'll bet Equifax has one sweetheart indemnification clause and is exculpated from all liability for data breeches. Hopefully, class action lawsuits will force it into bankruptcy and get rid of it once and for all before it compromises not just millions but billions of taxpayer IDs.
This has potential to be devastating for Americans. Putin is probably developing sore spots on his hands from clapping in glee.
Time to contact lawmakers again and express outrage and hope they do something.