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posted by martyb on Thursday October 05 2017, @10:39AM   Printer-friendly
from the no-bad-deed-goes-unrewarded? dept.

The IRS will pay Equifax $7.25 million to verify taxpayer identities and help prevent fraud under a no-bid contract issued last week, even as lawmakers lash the embattled company about a massive security breach that exposed personal information of as many as 145.5 million Americans.

A contract award for Equifax's data services was posted to the Federal Business Opportunities database Sept. 30 — the final day of the fiscal year. The credit agency will "verify taxpayer identity" and "assist in ongoing identity verification and validations" at the IRS, according to the award.

The notice describes the contract as a "sole source order," meaning Equifax is the only company deemed capable of providing the service. It says the order was issued to prevent a lapse in identity checks while officials resolve a dispute over a separate contract.

http://www.politico.com/story/2017/10/03/equifax-irs-fraud-protection-contract-243419


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  • (Score: 5, Funny) by c0lo on Thursday October 05 2017, @11:23AM

    by c0lo (156) Subscriber Badge on Thursday October 05 2017, @11:23AM (#577405) Journal

    Of course Equifax is the best positioned for the job - with the database already opened, they can afford to crowd-source now.

    (grin)

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