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Tax experts say that ransomware victims’ ransom payments are probably tax deductible in the US, unless they were paid by an insurance company (Alan Suderman/Associated Press)

Alan Suderman / Associated Press:
Tax experts say that ransomware victims’ ransom payments are probably tax deductible in the US, unless they were paid by an insurance company  —  As ransomware attacks surge, the FBI is doubling down on its guidance to affected businesses: Don’t pay the cybercriminals.

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