reimbursement
Dutch University gets back double the ransomware payment
In the year 2019, a Netherlands-based University was victimized by a ransomware attack where cyber criminals demanded 200,000 Euros or $200,000 in the BTC to free up the database from encryption. As the educational institution was about to lose valuable staff, students and curriculum related data, it bowed down to the demands of ransomware spreading […]
Tax reimbursement for ransomware payments
As many companies are falling prey to Ransomware Attacks in the United States these days, there is a high probability that such payments might earn the victim a tax reimbursement from the Internal Revenue Service (IRS) as per the little-known legal clause. Meaning, those who are bowing down to the demands of hackers by […]
