How to Pay Ransom During Ransomeware attack on your company ?
How to Pay Ransom during a Ransomeware cyber attack in India ? The demand for ransom is illegal under the IPC, but not the payment . If business exigencies require, ransom may have to be paid under duress. even Section 37 of the income tax Act in India will not come in the way of the claim for deduction of ransom money. Commissioner of Income Tax Vs M/s Khemchand Motilal Jain (Madhya Pradesh High Court (2011)) There are also companies that swoop in at the last minute to handle the logistics. companies like CyberSecOp, DigitalMint, are a full-service, final-mile crypto broker. They are at the end of the process They hired specialists, after the forensic consultants, the company, and stakeholders have all made the determination victims have exhausted all their options and that paying the ransom from an economics perspective is the best way to move forward. That’s when they come to companies like CyberSecOp, digitalmint in order to help them acquire crypto at ...