Keyword
cybersecurity
3 strategies for improving your cybersecurity posture
April 19, 2024 by Jason ContantGetting the basics right can help an organization improve its cybersecurity posture, a former intelligence officer at the Canadian Security Intelligence Service (CSIS) said during an industry event Thursday. Three basic strategies — mitigate, separate and positive control — can…
Giant Tiger customer data compromised in incident with third-party vendor
March 26, 2024 Tara Deschamps – The Canadian PressGiant Tiger Stores Ltd. says contact information for some of its customers was compromised in an “incident” linked to a third-party vendor it uses. Alison Scarlett, a spokesperson for the Ottawa-based discount retailer, would not name the vendor on Monday…
Toronto cyberattacks show public bodies need to boost security, experts say
February 14, 2024 Maan Alhmidi – The Canadian PressAs the Toronto Public Library gradually works to restore full service following a crippling October cyberattack, experts are warning that public organizations need to find ways to bolster their ransomware defences, despite having limited resources. A few months after the…
Cybersecurity issue delays in-person classes at Newfoundland’s Memorial University
January 3, 2024 The Canadian PressST. JOHN’S, N.L. – A Memorial University campus in western Newfoundland is the latest Canadian post-secondary institution to be grappling with what officials are calling a “cybersecurity incident.” The beginning of most in-person classes for the winter semester at Memorial’s…
Nova Scotia privacy commissioner to investigate file-sharing cyber breach
December 8, 2023 The Canadian PressHALIFAX – Nova Scotia’s information and privacy commissioner has launched an investigation into the theft of personal information from a file-transfer system used by the provincial government. In June, the government confirmed a cybersecurity breach involving a third-party system known…
Brokers’ Number 1 obstacle when selling cyber
October 18, 2023 by Jason ContantFor brokers, the biggest obstacle in selling cyber insurance to clients might not be what you think. Traditional roadblocks to a sale include price, board approval, and executive complacency. But here’s an unlikely naysayer that’s making the rounds of brokerage…
Which commercial line needs more capital?
October 16, 2023 by Jason ContantEven though the cyber insurance market is in a much better place now than a few years ago, it still needs an injection of capital to keep up with burgeoning demand, a speaker said during an industry event earlier this…
Why ransomware is still a threat to your cyber clients
August 31, 2023 by Jason ContantRansomware is “almost certainly the most disruptive form of cybercrime facing Canada” because it’s pervasive and can have a serious impact on an organization’s ability to function, said a new report from the Canadian Centre for Cyber Security. However, it’s…
Canada’s P&C insurers react to federal cabinet shuffle
July 27, 2023 by Jason ContantCanadian property and casualty insurers will be working with new cabinet ministers in the areas of emergency preparedness, public safety (including cybersecurity and auto theft), and housing, infrastructure and communities (including climate resilience), following Prime Minister Justin Trudeau’s major cabinet…
Financial burden of cybercrime in Canada remains high: IBM report
July 24, 2023 Amanda Stephenson - THE CANADIAN PRESSCALGARY – Increased corporate awareness and a string of high-profile incidents have done little to reduce the financial burden of cybercrime in Canada, according to a new report. The average cost to companies of a cybersecurity breach in Canada as…
Mitigation efforts continue at Suncor in wake of cyberattack
July 5, 2023 The Canadian PressCALGARY – Canada’s top technical authority on cybersecurity says it is working closely with Suncor Energy Inc. in the aftermath of a high-profile systems breach at the energy giant. The Canadian Centre for Cyber Security says it can’t disclose details…
Suncor cyberattack likely to cost company millions of dollars, expert says
June 28, 2023 Amanda Stephenson - THE CANADIAN PRESSCALGARY – The systems breach at Suncor Energy Inc. will likely cost the company millions of dollars before it is able to resolve the issue, according to a cybersecurity expert. Jon Ferguson, general manager of cybersecurity at the Canadian Internet…