FBI Says Don’t Pay Ransom While Tax Advisors Say Payment May Be Tax Deductible

WASHINGTON — As ransomware attacks surge, the FBI is doubling down on its guidance to affected businesses: Don’t pay the cybercriminals. But the U.S. government also offers a little-noticed incentive for those who do pay: The ransoms may be tax …

from News – Insurance Journal https://ift.tt/3xwEdUE