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A small business just recovered from a ransomware attack against its file servers by purchasing the decryption keys from the attackers. The issue was triggered by a phishing email and the IT administrator wants to ensure it does not happen again. Which of the following should the IT administrator do FIRST after recovery?
Uncollectible
Accounts receivable that cannot be recovered and are therefore written off as a loss.
Not-for-Profit School
An educational institution that operates without the primary aim of making profits, instead focusing on providing quality education.
Contribution Revenues
Revenues received by not-for-profit entities from donations, grants, or other forms of financial support.
Deferred Revenues
Deferred revenues are payments received by a company for goods or services that are yet to be delivered or performed, recorded as a liability on the balance sheet.
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