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(WRCB)   To the silver lining, glass half full optimists out there, that ransomware payment you made is tax deductible   (wrcbtv.com) divider line
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789 clicks; posted to Main » on 19 Jun 2021 at 2:26 PM (5 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



26 Comments     (+0 »)
View Voting Results: Smartest and Funniest
 
2021-06-19 2:32:05 PM  
Wow . So I'll get my 250K back?
 
2021-06-19 2:36:08 PM  

waxbeans: Wow . So I'll get my 250K back?


How many Apple Store gift cards was that?
 
2021-06-19 2:38:54 PM  
Why should I have to subsidize suckers who can't resist click-bait?
 
2021-06-19 2:40:02 PM  

lilbjorn: Why should I have to subsidize suckers who can't resist click-bait?


Did you just ask that on this site of all places? ROFLMAO 🤣
 
2021-06-19 2:41:50 PM  
It's good to be rich. When the poor get taken for a ride, well, it's on them - it's their fault that they didn't spot the scam, it's their problem should they try to recover what was scammed, and they've only themselves to blame for being desperate.
 
2021-06-19 2:47:36 PM  
It should actually be a crime to pay ransom. The only reason ransomware exists is because people pay. Almost all ransomware attacks come from outside the US, so unless you want to build a firewall around the US the only way to break the cycle is to stop FUNDING IT.

Just make paying ransom a Federal crime (because you are effectively funding criminals or terrorists - take your pick).
 
2021-06-19 2:48:04 PM  
And the best part? Attackers now have a new angle with which to encourage payment - "c'mon, it's tax deductible; at worst, a minor inconvenience to your fiscal year's reporting. Really, it's not your money we're taking - it's taxpayer money!"

Privatized profit, socialized loss.
 
2021-06-19 2:49:30 PM  
Fark user imageView Full Size


Glad I don't have a big Corporation like the big ones that got Hacked last month or so....And yeah I'm ROFLM*AO..!!!
 
2021-06-19 2:59:03 PM  
Yes, but, if your insurance pays you back then you have to declare it as income if you deducted the ransom

/Username checks out
 
2021-06-19 2:59:41 PM  

madgonad: It should actually be a crime to pay ransom. The only reason ransomware exists is because people pay. Almost all ransomware attacks come from outside the US, so unless you want to build a firewall around the US the only way to break the cycle is to stop FUNDING IT.

Just make paying ransom a Federal crime (because you are effectively funding criminals or terrorists - take your pick).


This week's Economist tells me it is prohibited in France. Insurance companies will not pay a ransomware fine.
 
2021-06-19 3:18:43 PM  
Yeah, I'm just sure this classification was designed to aid the little folks/businesses.
 
2021-06-19 3:19:49 PM  

Eutychus: madgonad: It should actually be a crime to pay ransom. The only reason ransomware exists is because people pay. Almost all ransomware attacks come from outside the US, so unless you want to build a firewall around the US the only way to break the cycle is to stop FUNDING IT.

Just make paying ransom a Federal crime (because you are effectively funding criminals or terrorists - take your pick).

This week's Economist tells me it is prohibited in France. Insurance companies will not pay a ransomware fine.


How the worm turns.
Not that long ago in France your bribe was tax deductible
 
2021-06-19 3:22:06 PM  
Oh sure, ransom is tax deductible but there's still no relief for contract killers and soldiers of fortune.
 
2021-06-19 3:23:16 PM  

madgonad: It should actually be a crime to pay ransom. The only reason ransomware exists is because people pay. Almost all ransomware attacks come from outside the US, so unless you want to build a firewall around the US the only way to break the cycle is to stop FUNDING IT.

Just make paying ransom a Federal crime (because you are effectively funding criminals or terrorists - take your pick).


And make Bitcoin et al illegal so we can block the method of payment.
 
2021-06-19 3:24:27 PM  

madgonad: The only reason ransomware exists is because people pay


The glass is too big.

/enjinir joke
 
2021-06-19 3:40:28 PM  

FarkaDark: Eutychus: madgonad: It should actually be a crime to pay ransom. The only reason ransomware exists is because people pay. Almost all ransomware attacks come from outside the US, so unless you want to build a firewall around the US the only way to break the cycle is to stop FUNDING IT.

Just make paying ransom a Federal crime (because you are effectively funding criminals or terrorists - take your pick).

This week's Economist tells me it is prohibited in France. Insurance companies will not pay a ransomware fine.

How the worm turns.
Not that long ago in France your bribe was tax deductible


The only reason bribes aren't tax deductible in the US is how aggressively they work to prevent anyone lower than the protected classes and US companies bribing overseas officials (the money damn well better pass through well connected US lobbyists).  After SCOTUS made bribery legal in an unanimous decision (not Citizens United, McDonnell vs. United States), there's no way to claim that bribery isn't legal.

The Roberts court is committed to one thing only.  Making sure that when money talks, its right to free speech is not infringed.

madgonad: It should actually be a crime to pay ransom. The only reason ransomware exists is because people pay. Almost all ransomware attacks come from outside the US, so unless you want to build a firewall around the US the only way to break the cycle is to stop FUNDING IT.

Just make paying ransom a Federal crime (because you are effectively funding criminals or terrorists - take your pick).


Both are criminals, but only some are terrorists.  I also really have to question that international organized crime exists for terrorists.  Greed exists, and most likely drives crime.  There's a lot of competition to build the most effective ransomware bait, and I'd expect a criminal to find it first.

Look for any group of marginalized people that contain smart guys with good access to computers.  Are they in for the money or slaves to some sort of ideological meme?  Normally I expect criminals to be pretty stupid, but still smarter than terrorists.
 
2021-06-19 3:48:08 PM  
Sure.  You just need to produce a receipt of the ransom upon request.
 
2021-06-19 3:49:50 PM  

Feel_the_velvet: Sure.  You just need to produce a receipt of the ransom upon request.


Er, "receipt for the ransom payment"
 
2021-06-19 3:52:34 PM  
Inside job
 
2021-06-19 3:53:37 PM  

madgonad: Just make paying ransom a Federal crime (because you are effectively funding criminals or terrorists - take your pick).


Nothing says justice like punishing the victims.
 
2021-06-19 4:00:35 PM  

bughunter: madgonad: The only reason ransomware exists is because people pay

The glass is too big.

/enjinir joke


I have that shirt.
Fark user imageView Full Size
 
2021-06-19 4:02:10 PM  

Ponzholio: bughunter: madgonad: The only reason ransomware exists is because people pay

The glass is too big.

/enjinir joke

I have that shirt.
[Fark user image 425x347]


Favorite punchline: The alien has escaped!
 
2021-06-19 4:25:49 PM  
Rewarding stupidity again?
 
2021-06-19 4:33:41 PM  
No, these companies have negligent cyber security cannot claim victimhood and get bailed out by taxpayers. This is beyond idiotic, too big to fail shiat. They need to pay out of pocket or beef their game up. Otherwise what's to stop them from either not investing in protecting themselves or even faking it or producing their own fraudulent ransomware attacks just to get a tax break. Jeebus el christo
/rant off
 
2021-06-19 5:04:03 PM  
It should be considered a financial contribution to a terrorist organization. You should be criminally liable.
 
2021-06-20 1:09:38 PM  
Isn't paying ransom a criminal act? Then how can it be deductible?
 
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