Who can believe anything the IRS says?

Koskinen of the IRS says:
…”“The opening of the International Data Exchange Service is a milestone in the implementation of FATCA,” said IRS commissioner John Koskinen in a statement.”

He claims that:
“With it, comes the start of a secure system of automated, standardized information exchanges among government tax authorities. This will enhance our ability to detect hidden accounts and help ensure fairness in the tax system.”……….

Using IDES, a Web application, the sender encrypts the data and IDES encrypts the transmission pathway to protect data transfers. Encryption at both the file and transmission level is intended to safeguard sensitive tax information….”…

But, also recently;
…..”….Internal Revenue Service (IRS) Commissioner Koskinen has advised employees that the budget cuts will result in reduced services to taxpayers. In an email to employees sent earlier today, Commissioner Koskinen advised that “realistically we have no choice but to do less with less.”

Forbes author Kelly Phillips Erb says:
“What does that mean for taxpayers?

Identity theft could increase. Despite the need for increased taxpayer protections against identity theft, the implementation of additional measures will be delayed. That’s bad news for taxpayers since, despite the efforts of IRS and other agencies to stem the tide of identity theft, scammers have grown more bold. TIGTA reported that telephone scammers, posing as IRS representatives, managed to steal more than $5 million from taxpayers last year. And as quickly as the scams are picked up, they change. IRS-Criminal Investigation has responded to what has been termed an “epidemic” of identity theft by ramping up investigations – but with wholesale cuts to IRS, expect those investigations to dip, too….”…

The Taxpayer Advocate and the GAO and TIGTA have all identified IRS data security wanting... see:

http://webcache.googleusercontent.com/search?q=cache:2Z3u0CXRjzwJ:www.law360.com/articles/595818/irs-security-flaws-leave-taxpayer-data-exposed-gao-says&hl=en&gl=ca&strip=1
or
 https://bancdelasteroideb612.wordpress.com/2015/01/13/owngoal-team-usa-new-american-kidnapping-tool-released-by-irs-fatca-tool/

So any government with an IGA is exposing their financial sector and all their accountholders to an agency who admits it cannot cope, and who has already been taken to task for the inability to secure taxpayer data.