Tax
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 […]
Atlanta Ransomware attack could cost city taxpayers $17 million
In March 2018, the government servers in the city of Atlanta were targeted by ransomware which led to the disruption of almost all the government’s digital services and data loss in some departments which includes the water utility and the police surveillance footage storage systems. According to a confidential audit report prepared by the Atlanta […]
Ransomware attacks rise on tax professionals says IRS
The United States Internal Revenue Service (IRS) predicts that tax professionals working across America will now on be targeted by hackers launching ransomware cyber attacks. IRS has specified in its media briefing that some handful of tax practitioners working for renowned firms have already been victimized by ransomware and more names are soon to follow. […]
Microsoft blames tax software for spread of recent Petya Ransomware Cyber Attack
A global cyber attack launched for the second time in the past two months is said to have crippled almost all businesses in Ukraine. Except for few government agencies, the virus which mimics the features of Petya ransomware hit all enterprise systems in Europe and its neighboring countries. According to a recent media update issued […]
Australian immigration offices are extremely vulnerable to Cyber Attacks
The Australian National Audit Office (NAO) has recently released the latest report on their government’s cyber security potential and concluded that the immigration department and the tax office department of Australia are extremely vulnerable to cyber attacks. The NAO has claimed that the Department of Immigration and Border Protection and the Australian Taxation Office have […]
