Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

Yellen says leak of taxpayer data is 'very serious situation'

Published 06/16/2021, 11:54 AM
Updated 06/16/2021, 01:16 PM
© Reuters. FILE PHOTO: U.S. Treasury Secretary Janet Yellen speaks during a news conference, after attending the G7 finance ministers meeting, at Winfield House in London, Britain June 5, 2021. Justin Tallis/Pool via REUTERS

WASHINGTON (Reuters) - U.S. Treasury Secretary Janet Yellen on Wednesday said a recent unauthorized disclosure of Internal Revenue Service taxpayer data by news outlet ProPublica was "a very situation" and vowed to take steps to shore up data protection, if necessary.

Asked about the news report, which cited tax returns by thousands of the wealthiest Americans, Yellen said Treasury had referred the matter to the Justice Department and Treasury's inspector general for tax administration, but it was still unclear how the data breach occurred.

"We don't have any facts at this point," she said. "But it is absolutely a top priority to safeguard taxpayer data."

Latest comments

"But it is absolutely a top priority to safeguard taxpayer data." What a joke ! The taxpayers whose data was leaked were billionaires, the enemies of the Libs.  Expect ProPublica to be punished "severely." Say, $ 200 to $300 dollar fine ?
constantly searching for the holy grail of encryptions...duh, its all based on rules.
digital will never be safe ..even with your bitcoin / blockchain hash...
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.