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Canadian firms may be overconfident in their cybersecurity preparedness: FICO survey

June 21, 2017 by Canadian Underwriter

Canadian firms, particularly those in the telecommunications sector, may be overconfident in their cybersecurity preparedness, according to a recent survey conducted by research and consultancy firm Ovum for Silicon Valley analytics firm FICO. For the survey, Ovum conducted telephone interviews

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Bank of Canada warns of cyberattack vulnerabilities in financial sector

June 13, 2017 Mike Blanchfield and Jim Bronskill - THE CANADIAN PRESS

OTTAWA – Canada’s interconnected banks are vulnerable to a cascading series of cyberattacks that could undermine broad confidence in the financial system, the Bank of Canada warns. The structural vulnerability could allow for the easy spread of an initial attack

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Worldwide information security spending to grow 7.9% this year to reach US$81.6 billion: Gartner

August 9, 2016 by Canadian Underwriter

Worldwide spending on information security products and services will reach US$81.6 billion this year, an increase of 7.9% over 2015, according to the latest forecast from Gartner, Inc., an information technology research and advisory company based in Stamford, Conn. Consulting