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Security News for the Week Ending June 25, 2021

Paying Ransom is Tax Deductible Under current IRS regulations, paying cyber ransom after a hack is deductible, just like losses from a robbery, but the IRS is “looking into it”. One way the government could discourage ransom payments is if the cost is borne fully by the company’s owners. They still might choose to do […]

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Security News for the Week Ending August 23, 2019

Remember That Vague Client Alert Earlier This Week? For those of you who are clients, you received an out of cycle client alert on Tuesday (they usually come out on Wednesday) providing a copy of the Homeland Security Alert on the Sodinokibi ransomware going after Managed Service Providers or MSPs.   It now appears that the […]

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