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.
Ransomware is one of the fastest growing areas of cyber crime. The intended target is often small and medium sized businesses, because they have fewer resources compared with larger organizations. Historically, the root word ransom refers to a criminal demanding a payment in exchange for releasing someone or something that has been taken.
With the cost of cybercrime in Canada on the rise my weekly technology law column reports that the Canadian government is quietly working behind-the-scenes to create a new Internet service provider code of conduct. If approved, the code would be technically be voluntary for Canadian ISPs, but the active involvement of government officials suggests that most large providers would feel pressured to participate.
One and a half million people are victims of cybercrime everyday -- that's 18 incidents per second! While we can't protect the contents of your wallet from your own online spending, we can help protect it from the hands of thieves. Here are some tips to ensure you have a pleasant and safe online shopping experience.