Can you believe this?
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.
$7.25 million actually not a very large contract. It sounds like Equifax was the only bidder?
The notice describes the contract as a “sole source order,” meaning Equifax is the only company deemed capable of providing the service.
That sounds strange. But c’mon, can’t we figure out how to “verify taxpayer identity” with government servers by now?? Where does all that IRS info get stored anyway?
The IRS defended its decision in a statement, saying that Equifax told the agency that none of its data was involved in the breach and that Equifax already provides similar services to the IRS under a previous contract.
Oh, I feel so reassured.