As the year 2020 gets ever nearer to its conclusion, there is no doubt that to this date, it has changed history books, not just locally, but worldwide. Caribbean Business recently highlighted the work of Galíndez in documenting the effects this historic year has had...
A cyber attack is a deliberate assault launched by cybercriminals using one or more computers against single or multiple computers or networks. A cyber attack can maliciously disable computers, steal data, or use a breached computer as a launch point for other attacks. At times...
With cybersecurity becoming front-page news, business owners are finding the need to create new strategies to protect their assets and foment a cyber-safe culture in the workplace. There is no need to feel threatened by what seems to be a complicated or menacing subject. Here...
Recent years have seen a relentless surge in data security incidents, with high-profile breaches becoming increasingly common. In 2023, a massive data breach at a major retailer exposed the personal information of millions of customers. The following year, a significant cybersecurity incident at a global...
Galindez, LLC Partner and Tax Expert Kenneth Rivera shares with El Nuevo Día readers his insights on new economic and legislative changes taking place in light of the new scenario brought on by COVID-19. In this column, Rivera outlines a new wave of funding made...
The Puerto Rico Treasury Department has recently announced new incentives for the private sector through a new round of Paycheck Protection Program (PPP) loans for small businesses, providing more than $350 million to help mitigate the deep financial impact of the COVID-19 emergency. ELIGIBILITY REQUIREMENTS Private...
Just like a home needs to take into account a variety of elements to ensure there are clear safety measures taken for the protection of those who live inside its walls, securing your data involves implementing diverse types of defensive techniques and best practices. This...
November 2019 marked the start of an unprecedented international health phenomenon, with devastating economic and social impact seen and felt around the globe. In Puerto Rico, the COVID-19 pandemic hit us aggressively in late February 2020. As a result, commercial activity island-wide has been affected...
On August 8, 2020, President Trump signed a Presidential Memorandum (“the Memo”) authorizing employers to defer withholding and payment of a portion of their employees’ Social Security taxes (6.2%) if wages are under a certain threshold. Last week, the IRS issued Notice 2020-65 (“the Notice”)...
Wondering if your IT infrastructure is secure? You may need to consider an IT security audit, which can provide invaluable information about your security controls. Risk management audits force us to be vulnerable, exposing all our systems and strategies. They’re uncomfortable, but they’re undeniably worth...