News

Zero-day Vulnerabilities Continue to Increase

August 15, 2016 by Yeo & Yeo

When a vendor releases software, they believe that it is reliable and safe to use. However, this is not always the case. Often there are holes in the software that vendors are unaware of, and these can be exploited by hackers immediately. These attacks are known as “Zero-day” because on the same day that the flaw becomes known, the software vendor has zero days in which to plan to mitigate its exploitation (for example, by advising workarounds or by issuing patches).

Research conducted by Yeo & Yeo Computer Consulting’s partners at Symantec shows that Zero-day attacks are increasing. In 2015 there were 54 Zero-day vulnerabilities, more than double the 24 that were found in 2014. The most attacked software is Adobe’s Flash Player. ...

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Security Awareness Training ― CyberSecurity for Your Healthcare Organization

June 9, 2016 by Yeo & Yeo

Take a moment and think about all of the security features that are used to keep your organization’s network safe. Passwords and firewalls help keep the bad guys away from your vital information. But all of these security measures don’t mean a thing if someone clicks on a malware link inside an email.

As phishing attacks have grown, so too has the emphasis on CyberSecurity. In fact, the healthcare industry sees 340% more security incidents and attacks than the average industry, according to a recent report. A tool that many are using to help prevent cyberattacks...

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Security Awareness Training ― CyberSecurity for Your Manufacturing Organization

June 7, 2016 by Yeo & Yeo

Take a moment and think about all of the security features that are used to keep your organization’s network safe. Passwords and firewalls help keep the bad guys away from your vital information. But all of these security measures don’t mean a thing if someone clicks on a malware link inside an email.

As phishing attacks have grown, so too has the emphasis on CyberSecurity. In fact, according to the recent IBM X-Force Research’s 2016 Cyber Security Intelligence Index, the manufacturing sector is now one of the most frequently hacked industries, second only to healthcare. A tool that many are...

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Take Preventive Measures Against CryptoLocker Malware That Holds Data for Ransom

May 17, 2016 by Yeo & Yeo

You may have heard about CryptoLocker or Ransomware over the past couple of years. CryptoLocker has continued to infect computers worldwide while baffling leading IT security experts. A February 2016 article on BBC describes how CryptoLocker held a Los Angeles-based hospital's information for ransom; its computer systems were offline for more than a week following the ransomware attack.

How does CryptoLocker work?

CryptoLocker seeks out users' personal files and keeps users from accessing them unless they pay a ransom, typically $300 or $400, which may or may not result in the recovery of the files.

Files that this malware seeks can...

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Another Tax Break for Research Expenses

February 5, 2016 by Yeo & Yeo

The research credit isn't the only tax break available for research activities. Section 174 of the tax code allows taxpayers to elect to either: 1) deduct "research or experimental expenditures" or 2) amortize the costs over a period of not less than 60 months. Qualified expenses are limited to the following:

  • In-house wages and supplies attributable to qualified research,
  • Certain time-sharing costs for computer use in qualified research, and
  • 65% of contract research expenses, that is, amounts paid to outside contractors in the U.S. for conducting qualified research on the taxpayer's ...

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The New-and-Improved Research Credit is Now Permanent

January 27, 2016 by Yeo & Yeo

The research credit is back — this time for good — and it's better than ever for some small companies. The Protecting Americans from Tax Hikes (PATH) Act of 2015, signed into law by the president on December 18, does much more than extend this credit. Under the PATH Act, the research credit is restored retroactive to January 1, 2015, and has finally been made permanent. The new law also provides two additional tax benefits that take effect in 2016 for certain employers.

What Is the Research Credit?

The research credit was introduced in 1981 to encourage spending on research and experimentation activities by cutting-edge companies. But it was...

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