The Internal Revenue Service needs to remedy serious weaknesses over taxpayer and Bank Secrecy Act data that leave its systems vulnerable, according to a report released by the Government Accountability Office.

In a report released last Friday, the GAO said that the IRS has made progress in correcting or mitigating previously reported information security weaknesses and in implementing controls over key financial and tax processing systems located at one of its critical data processing facilities, fixing 32 of the 53 weaknesses that the GAO reported as unresolved at the time of its prior review in 2002.

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