Keyword
cyberattack
Two customers spearhead class action lawsuit against casino over hacking of private data
November 15, 2016 Colin Perkel - THE CANADIAN PRESSTORONTO – Two gamblers who allege their privacy was breached are spearheading a proposed class action against an Ontario casino whose databases were hacked. In a notice of action, they also alleged Monday that Casino Rama, north of Toronto, unjustly…
Ontario’s Casino Rama victim of cyberattack affecting customer, employee and vendor information
November 11, 2016 by Canadian UnderwriterA casino in Ontario announced on Thursday that it “recently became aware that it has been the victim of a cyberattack that resulted in the theft of (past and present) customer, employee and vendor information.” Casino Rama Resort in the…
Ed launches global cyber academy
November 4, 2016 by Canadian UnderwriterEd, the global reinsurance, wholesale and specialty broker, announced on Friday the launch of what it is calling the insurance industry’s first global cyber academy. The Ed Cyber Academy, which will be led by Peter Hacker, the company’s group chief innovation officer,…
Most U.S. small business owners don’t have cyberattack response plan, new survey says
October 13, 2016 by Canadian UnderwriterMost small business owners in the United States (78%) still don’t have a cyberattack response plan, even though more than half (54%) were victim to at least one type of cyberattack, according to Nationwide’s second annual Small Business Indicator. The…
One-quarter of Canadian small and medium businesses with revenue over $10M victims of cyberattack: study
October 12, 2016 by Canadian UnderwriterOne in four Canadian small and medium-sized businesses (SMBs) with annual revenue over $10 million have been victims of a cyberattack compared to only one in 10 with annual revenue under $10 million, according to a new survey from Internet…
Report details missed opportunities to stop OPM cyber breach
September 7, 2016 Eric Tucker - THE ASSOCIATED PRESSWASHINGTON – It was time to purge the hacker from the U.S. government’s computers. After secretly monitoring the hacker’s online movements for months, officials worried he was getting too close to critical information and devised a plan, dubbed “the Big…
Fears of further personal information exposure following cyberattack would prevent some consumers from shopping at breached retailer: study
August 23, 2016 by Canadian UnderwriterFears of further exposure of personal information following a cyberattack would prevent 33% of consumers from shopping at a breached retailer for at least three months, according to a recent survey from KPMG LLP, the audit, tax and advisory firm.…
Canadian companies likely to pay ransomware demands, among highest for lost revenue and business interruption, international study finds
August 4, 2016 by Canadian UnderwriterCompanies in Canada are most likely to pay ransomware demands and are ranked among the highest for lost revenue and business interruption, according to an international study of 5,400 IT staff across Canada, the United States, the United Kingdom and…
University of Calgary pays ransom after attack on computer systems
June 8, 2016 The Canadian PressCALGARY – The University of Calgary says it paid a ransom of $20,000 demanded after a recent cyberattack. The school says in a news release that staff were able to isolate some of the attack and are working to ensure…
Corporate investigations on the rise, study suggests
May 24, 2016 by Canadian UnderwriterCorporate investigations are on the rise, with over a quarter (27%) of businesses saying they have experienced a claim or investigation involving a director of their company in the past year, up from one in five in 2014. That was…
Cyber criminals are even filtering out specific countries when designing cyberattacks; Canada has low threat exposure rate: Sophos research
May 5, 2016 by Canadian UnderwriterNetwork and endpoint security company Sophos Ltd. said that its research has revealed a growing trend among cyber criminals to target and even filter out specific countries when designing ransomware and other malicious cyberattacks. Research from SophosLabs, which includes information…
Class action filed after privacy breach at one Ontario children’s aid office
April 26, 2016 Michelle McQuigge - THE CANADIAN PRESSTORONTO – An eastern Ontario children’s aid society is facing a $75 million lawsuit after a cyber attack resulted in a list of client names being stolen and shared on local Facebook groups. At least three dozen people have expressed…