Hit by a Ransomware Attack? Your Payment May be Deductible

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 deductible.
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Ukraine Police Seize Cash in Raids on Major Ransomware Gang

Ukrainian police have carried out nearly two dozen raids targeting alleged associates of a Russian-speaking ransomware gang it blamed for a half billion dollars in cyberattacks and extortion that hit the United States and South Korea especially hard.
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EU Court Leaves Facebook More Exposed to Privacy Challenges

Facebook is subject to EU privacy challenges from watchdogs in any of the bloc’s member states, not just its lead regulator in Ireland, the bloc’s top court ruled Tuesday, in a ruling that has implications for other big tech companies.
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Google Offers UK Watchdog Role in Browser Cookie Phase-Out

Google is offering U.K. regulators a role overseeing its phasing out of ad-tracking technology from its Chrome browser, in a package of commitments the tech giant is proposing to apply globally to head off a competition investigation.
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Apple Reaffirms Privacy Stance Amid Trump Probe Revelations

Seeking to protect its image as a guardian of personal privacy, Apple maintains it was blindsided and handcuffed by a Trump administration probe that resulted in the company handing over phone data from two Democratic congressmen.
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Wray: FBI Frowns on Ransomware Payments Despite Recent Trend

The FBI’s director told lawmakers Thursday that the bureau discourages ransomware payments to hacking groups even as major companies in the past month have participated in multimillion-dollar transactions aimed at getting their systems back online.
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