Cyber crime is on the rise. A study released by Juniper Research in mid-2015 projected that by 2019, the global cost of cyber crime will reach more than US$2 trillion, increasing to almost four times the estimated cost of breaches…
Burlington, Ont.-based Pen Underwriting Canada Limited announced on Wednesday that it has created a comprehensive cyber solution to respond to the “increasing threat that cybercrime poses for corporations.” Backed by A+ rated capacity, the specialist cyber product is designed for…
IT decision makers and C-suite executives each believe the other is responsible in the event of a cyber breach, according to new research from BAE Systems, a provider of technology defence, aerospace and security solutions. According to BAE Systems’ 2017…
A recently-launched Toronto-based firm, Cytelligence Inc., says it offers to investigate cyber breaches, review clients’ business continuity plans and take into consideration the “pros and cons of cyber insurance” for its clients. Cytelligence announced Wednesday it was launched by Daniel…