After an investigation by a third-party security expert, the company
said the fraudulent returns did not result from a breach of its own
systems and that it was adding additional security measures to
combat fraudulent activities.
The filing of federal returns had not been affected, Intuit said.
Early on Friday, the company said the information used to file
fraudulent returns was obtained from outside sources.
Intuit said it had turned off the e-filing of state tax returns on
Thursday.
Minnesota's revenue department said on Friday it had stopped
accepting tax returns submitted via TurboTax, but would continue to
accept those filed through Intuit's professional tax preparation
products such as Lacerte, Intuit Tax Online and ProSeries.
(http://bit.ly/1v5OHUj)
The department said some taxpayers found that a return had already
been filed when they logged in to submit their returns using
TurboTax.
[to top of second column] |
Intuit's shares closed down 4.2 percent at $87.83 on the Nasdaq on
Friday, having gained 23.7 percent in the last 12 months.
(Reporting by Amrutha Gayathri and Nayan Das in Bengaluru; Editing
by Don Sebastian, Sriraj Kalluvila and Ken Wills)
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