Article:

GARMIN'S Ransomware Attack

02 September 2020

Guy Reshtick, Partner, Corporate Tax |
Noam Hendruker, Head of Global cybersecurity Consulting Group, BDO Cybersecurity Center, Israel |
Tommy Babel, Head of the Cyber Resilience & Intelligence Services |

The Intelligence Unit at BDO Israel's Global Cybersecurity  Center in collaboration with the Tax Cluster,

We are pleased to share with you a quarterly cyber report reviewing the extraordinary ransomware attack on technology company Garmin over the past month.

The report details the ransomware attack, through the realization of the attack  the damage caused to the company and discusses whether a ransom payment can be reported as a tax-recognized expense.

 

Download the full report >>

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