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cyberattack

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ICBC says COVID-19 rebate cheques delayed after cyberattack on third party

March 18, 2021 The Canadian Press

VANCOUVER – The Insurance Corporation of British Columbia says it’s temporarily delaying the delivery of COVID-19 rebate cheques due to a cyberattack on a third-party vendor contracted to provide printing and distribution services. ICBC says in a statement the vendor

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B.C.’s Simon Fraser University reports cyberattack, some personal information exposed

February 18, 2021 The Canadian Press

BURNABY, B.C. – Simon Fraser University says a cyberattack on a school server has exposed personal information. The British Columbia university says in a statement that spreadsheet data on the breached server contained personal information for a number of current

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Cyberattack may have exposed 500,000 files: Saskatchewan privacy commissioner

January 12, 2021 The Canadian Press

REGINA – A report from Saskatchewan’s privacy commissioner says more than 500,000 files with personal information could have been exposed in a ransomware attack on the province’s electronic health information network. The office started an investigation into the December 2019

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Paid Working from Home: Cybersecurity and the Remote Worker

December 1, 2020 Trisura Guarantee Insurance Company

In these times of social distancing and working from home, it’s become even more crucial to ensure strong cybersecurity measures are in place for you and your business. Working from home can pose its own challenges and takes adjusting to;

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Cyber insurance: Most frequent and costly claims revealed

November 24, 2020 by Jason Contant

External attacks on companies result in the most expensive cyber insurance losses, but internal failures like employee mistakes and technical problems are the most frequent generator of claims by number (albeit with a lower financial impact), a new report says.

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Canada’s cybersecurity agency warns of online threats that exploit COVID-19 fears

November 19, 2020 Jim Bronskill - THE CANADIAN PRESS

OTTAWA – A federal agency that monitors brewing online threats warns of fraudsters dangling COVID-19-related content to fool victims into clicking on malicious links and attachments.   Online tricksters know people are anxious about the future and are less likely to

News Insurance

Demystifying cyber’s first hard market

November 12, 2020 by David Gambrill

Cyber insurance is a relatively new line of business in Canada and so it hasn’t seen any hard markets historically — until now, that is. And it seems that insurers have ransomware to thank for that. “I think it is

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Cyberattack targets Montreal health agency, forcing it to go offline

November 2, 2020 Sidhartha Banerjee - THE CANADIAN PRESS

MONTREAL – A Montreal health agency has been forced off-line as authorities deal with a cyberattack. Quebec Health Minister Christian Dube said Thursday that specific attacks hit systems at the regional health agency covering west-central Montreal, which oversees the Jewish

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‘The cost nobody talks about’ with cyber

October 23, 2020 by Adam Malik

Brokers are advised to factor in the cost of reputational harm for their commercial clients when discussing cyber policy, because that’s typically the most expensive aspect of a breach. Clients typically focus on costs related to notifying clients and forensics,

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Some CRA online services remain unavailable a month after cyberattacks

September 24, 2020 Jacob Serebrin - THE CANADIAN PRESS

More than a month after the Canada Revenue Agency took its website offline in the wake of a major cyberattack, the federal tax collection agency won’t say when it expects its online services to fully return to normal.   A number

News Insurance

How a cyberattack on a Canadian insurance courier affected brokers and carriers

August 26, 2020 by Jason Contant

Some Canadian brokerages and insurers recently experienced delays in mail pick-up and delivery after a prominent courier service for the Canadian insurance industry suffered a cyberattack. ICS Courier confirmed in a message on its website Monday that it was the

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Canada Revenue Agency suspends online services after cyberattacks

August 17, 2020 Lee Berthiaume - THE CANADIAN PRESS

OTTAWA – The Canada Revenue Agency has temporarily suspended its online services after two cyberattacks in which hackers used thousands of stolen usernames and passwords to fraudulently obtain government services and compromise Canadians’ personal information. A total of 5,500 CRA