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HMRC has lost £47 million in breach of 100,000 taxpayer accounts, MPs hear
- HMRC revealed criminals accessed around 100,000 taxpayers' PAYE accounts in a phishing scam starting last year in the UK.
- The scam used stolen personal data to fraudulently claim repayments without hacking HMRC systems or extracting data directly.
- HMRC detected unusual activity, locked down affected accounts, deleted login details, and informed affected individuals via letters over three weeks.
- HMRC confirmed a £47 million loss from the scam but stated affected taxpayers suffered no financial loss and an investigation led to arrests.
- HMRC is cooperating with UK and international law enforcement to prevent future fraud and continues supporting affected customers with reassurance and safeguards.
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HMRC Loses £47 Million in Phishing Attack on 100,000 Taxpayer Accounts
HMRC has lost £47 million after a phishing scam hit 100,000 pay-as-you-earn (PAYE) tax accounts in an organised crime incident which began last year. The UK’s tax authority sought to assure taxpayers in their guidance on Wednesday that this was an attempt to take money from HMRC, not from individuals. Following the exposure of the breach, HMRC said it has taken action to protect those accounts by locking them down, deleting login credentials to …
·New York, United States
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Total News Sources60
Leaning Left8Leaning Right6Center28Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
L 19%
C 67%
14%
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