The evidence clearly points to the need for Canadian SMBs to increase their awareness of threats and ability to detect them, especially as they look to grow. Keeping these points in mind, there is always room for improvements in cyber policies and procedures, product selection and education because it doesn't look like cyber threats will be subsiding in the near future.
March is Fraud Prevention Month in Canada and it's timely to remind Canadians that everyone is vulnerable and that vigilance, knowledge and the confidence to fight back are powerful deterrents to fraud. A 2016 survey from the Chartered Professional Accountants of Canada (CPA Canada) demonstrates deeply held concerns about fraud and identity theft.
Individuals and organizations that follow good cyber hygiene practices have more peace of mind. It is no different than monitoring your health and scheduling your automobile's maintenance. People who practice good cyber hygiene habits get more done, are happier and spend less time troubleshooting because they have fewer surprises.
China and Russia are seen as the worst offenders when it comes to cyber attacks, but Iran is close behind. How is it that a country such as Iran has a cyber-warfare unit with a staff of 2,400 and a budget of $76 million, and Ottawa has only allocated $95 million for our country's defence against this new form of attack?