More than one in five Canadian companies say they were hit by a cyberattack last year, with businesses spending $14 billion on cybersecurity as they confront greater risks in the digital world, according to a new Statistics Canada survey.
The most common suspected motive was an attempt to steal money or demand a ransom payment, according to the survey. Theft of personal or financial information was less typical — less than one-quarter of the cyberattacks — though it was the most cited reason for investing in cybersecurity, StatCan said.
Source: CBC News
Date: October 18th, 2018
1) Why does it matter that 1 in 5 Canadian companies were hit by a cyberattack?
2) What are you doing to better understand cybersecurity risks and how to control those risks?