Keyword
telecommunications
Employee awareness, training key to building a solid cyber security culture: Echols
June 22, 2017 by Canadian UnderwriterA little competition could be a good thing, especially when it comes to building a cyber security culture, cyber expert Michael Echols suggested last week during a symposium co-hosted by the Travelers Institute and Economic Club of Canada. Developing a…
Canadian firms may be overconfident in their cybersecurity preparedness: FICO survey
June 21, 2017 by Canadian UnderwriterCanadian 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…
36% of polled Canadian firms have no cyber security insurance: FICO
June 1, 2017 by Canadian UnderwriterMore than a third of surveyed Canadian firms do not have cyber security insurance, a concerning situation made worse by an incomplete understanding of how premiums are priced and failure to do everything possible to guard against breaches, FICO notes.…
Canadian companies lag in cybersecurity investments, survey finds
May 23, 2017 by Canadian UnderwriterMore than three-quarters (76%) of surveyed Canadian executives believe that the number of data breach attempts on their firms will be higher in a year, yet fewer than half said that their organization’s investments in cybersecurity will increase in that…
Worldwide spending on security technology expected to reach US$81.7 billion in 2017: International Data Corporation
March 31, 2017 by Canadian UnderwriterWorldwide spending on security technology is forecast to reach US$81.7 billion this year, according to a recently released guide from International Data Corporation (IDC), a global provider of market intelligence, advisory services and events for the information technology, telecommunications and…
Kaspersky finds “invisible” cyberattacks in 40 countries using legitimate software
February 10, 2017 by Canadian UnderwriterGlobal cybersecurity company Kaspersky Lab has reported that it has found “invisible” cyberattacks in 40 countries, attacks that are using only legitimate software. The series of targeted attacks use “widely available penetration-testing and administration tools, as well as the PowerShell…
Global IT spending forecast to reach US$2.7 trillion in 2020, led by financial services, manufacturing and healthcare
August 29, 2016 by Canadian UnderwriterWorldwide revenues for information technology products and services will grow from nearly US$2.4 trillion in 2016 to more than US$2.7 trillion in 2020, according to the International Data Corporation (IDC). A newly published update to the Worldwide Semiannual IT Spending…
Cybercriminals recruiting insiders to attack telecommunication providers: Kaspersky
August 22, 2016 by Canadian UnderwriterCybercriminals are using insiders to gain access to telecommunications networks and subscriber data, according to an intelligence report from global cybersecurity company Kaspersky Lab. In addition to targetting insiders, these criminals are also recruiting disillusioned employees through underground channels and…
Global media and telecom executives rank data protection fines and penalties as top risk to their industries: Willis Towers Watson
May 24, 2016 by Canadian UnderwriterGlobal media and telecommunication executives both ranked regulatory fines and penalties arising from data protection breaches as the primary risk facing their respective industries, according to new research released on Tuesday by global advisory, broking and solutions company Willis Towers…