Can we predict where cyber claims might emerge?
July 4, 2023 Philip PoradoData culled from external scanning systems and other tech tools can help insurers improve underwriting by showing where cyber claims might emerge. But only if the companies develop methods for making proper use of that data, said a recent Gallagher…
Montreal library closes after hacking attack on daycare registration website
May 17, 2021 The Canadian PressMONTREAL – A large library in Montreal will be closed until Tuesday morning in the wake of a hacking attack on Quebec’s public daycare registration website. Quebec’s Treasury Board Secretariat issued a recommendation on Friday evening urging all government bodies…
How Canada’s largest banks manage cyber risk
November 23, 2018 Armina Ligaya - THE CANADIAN PRESSTORONTO – Hackers are targeting Toronto-Dominion Bank’s internal systems at all hours using cutting-edge techniques, but the bank’s head of cybersecurity isn’t losing sleep over them – they work for him, after all. The bank established late last year an…
Companies must focus on managing cyber attacks, not eliminating them
December 11, 2017 David Hodges – THE CANADIAN PRESSCompanies trying to stay ahead of the increasing threat of cyberattacks need to be cognizant of one simple fact: there is no perfect antidote or turnkey solution against criminals bent on breaching their systems. “Everyone is hacking into everything,” said…