Industry News: Cyber

Garmin Hack’s $10M Ransom Payment, $10M Tax Deduction

Written by Cybersecurity | Jul 31, 2020 6:16:45 PM

2020-07-27

Forbes: Yet again, there has been a major cyber attack, this time of Garmin, the navigation company. It was hit by a ransomware attack on Thursday, leaving customers to wonder whether Garmin will pay $10 Million in ransom. In the case of some hacks, people and companies pay, since the cost of being frozen out can just be too big.

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