Keyword
cybersecurity
A new tool for small businesses in the fight against cybercrime
June 14, 2018 by Jason ContantThe federal government has unveiled its National Cyber Security Strategy, with which it will establish a voluntary, recognizable certification intended to enable small- and medium-sized enterprises (SMEs) to demonstrate to both businesses and consumers that they meet a baseline set…
You’ve got your clients’ data locked down, but can you prove it to a regulator?
March 28, 2018 by David GambrillInsurance organizations may be good at protecting their own clients’ data, but can they prove it? “In general, I would say that insurers are good at securing their data,” French Caldwell, a former advisor to the White House on cybersecurity,…
Stats suggest ongoing growth opportunity in cyber insurance
March 26, 2018 by Jason ContantOne-third of Canadian businesses have unwittingly leaked sensitive information to cybercriminals, highlighting the opportunity for education from the property and casualty (P&C) insurance community. According to the 2018 Canadian Internet Security Survey, released on March 22 by the Canadian Internet…
Expectations high that federal budget will make big investments in cybersecurity
February 23, 2018 Andy Blatchford and Jim Bronskill - THE CANADIAN PRESSOTTAWA – Government and industry insiders have high expectations next week’s federal budget will contain big investments to help Canada reinforce its cybersecurity defences in an age of heightened global threats to businesses, privacy and democracy. A senior government official…
Artificial Intelligence, the latest cybersecurity threat
February 19, 2018 by Jason ContantArtificial intelligence (AI) could be a double-edged sword for Canada’s property and casualty insurance industry, offering several potentially positive outcomes, but at the same time a new cybersecurity threat. AI is consistently touted by the insurance industry for its potential…
Average Canadian company faces $3.7 million in cyber exposure
February 9, 2018 by Jason ContantThe cost to recover from security breaches in Canada averages $3.7 million in direct and indirect costs per organization, including network down time, employee work days, lost files and compromised information, according to a new survey. Of that amount, the…
Senators urge feds to act on privacy, security issues with automated cars
January 30, 2018 Jordan Press - THE CANADIAN PRESSOTTAWA – The federal Liberal government needs to take the wheel when it comes to the development and testing of self-driving cars on Canadian roads – or risk getting run over by the fast-approaching high-tech revolution, a Senate committee warns.…
Security experts unsure of how to combat targetted attacks: Kaspersky report
November 7, 2017 by Canadian UnderwriterMore than 60% of IT security experts are unsure of how to combat security breaches like targetted attacks, a new report on behalf of cybersecurity company Kaspersky Lab has found. The report, titled New Threats, New Mindset: Being Risk Ready…
Apathy towards device security key cyber risk: Kaspersky
October 19, 2017 by Canadian UnderwriterA reliance on mobile devices and apathy towards device security have been highlighted as key cybersecurity impact areas in Kaspersky Lab’s latest Kaspersky Cybersecurity Index. The index, an aggregate of indicators reflecting changes in online behavior, found that in the…
Nearly one-half of Canadian SMB employees believe their company is at risk of cyberattack: survey
September 27, 2017 by Canadian UnderwriterNearly one-half (46%) of Canadian small- and medium-sized businesses (SMBs) believe that their organization is at risk of experiencing a cyberattack, according to a new survey from Internet security company ESET Canada. The research, commissioned by ESET Canada and conducted…
Deloitte says email cyberattack affected ‘very few clients’
September 25, 2017 The Associated Press (APR)LONDON – Accounting firm Deloitte says it has launched a thorough investigation into a cyberattack that hit its email system. The company said in a statement Monday that the breach had affected “very few clients” and that government authorities were…
U.S. federal agency urging corporate cybersecurity upgrades is hacked
September 21, 2017 The Associated Press (APR)The federal agency responsible for ensuring that markets function as they should and for protecting investors was hacked last year and the intruders may have used the nonpublic information they obtained to profit illegally. The disclosure arrived two months after…