Ransom-war: 5 Hair raising ransomware statistics that will move you to rethink your data protection strategy

As remote/online working has surged over the last few years, so did cybercrime. Ransomware came back with a vengeance in 2021, in the heat of the pandemic, targeting many small and medium businesses (SMBs). This comes as no surprise since 43% of all data breaches involve SMBs. Breaches such as Solar Winds, Colonial Pipeline and … Read more

Ransomware in 2022: Smarter, Better, Faster

Over the past few years, we’ve seen ransomware rise in popularity. It has evolved from encrypting data for ransom to hacking backups and data theft to expose it or sell it unlawfully as part of “double extortion” schemes. The cybercriminals perpetrating these attacks have evolved from disorganized splinter groups and individuals to highly sophisticated start-ups … Read more

Cybersecurity in the evolving cyber threat landscape: Five of the latest trends and predictions

It’s a fact that organizations are increasingly relying on the Internet for daily activities. This combined with the COVID-19 pandemic has accelerated the shift to remote work following public health physical distancing guidelines. As we’re gearing up for the second quarter of 2021, still not out of the woods with the COVID-19 pandemic, we take … Read more

Ransomware attack on multi-million dollar Ontario construction firm – make sure you are protected

“A multi-million dollar Ontario construction firm that has worked on major federal and provincial projects including facilities for national defence and police stations has been hit by a ransomware attack.” Serious questions arose when a Canadian construction firm working on both military and federal contracts worth millions of dollars was hit by a ransomware attack. … Read more

What Damage Can Phishing Cause to Your Business?

A cyber-attack costs a small business on average $53 987. Although this is much less that the cost associated with cyber-attacks on medium and large enterprises that easily escalates to millions of dollars, when considered from a proportion to size point of view, it is substantial. One of the ways hackers wreak this havoc is … Read more

Five Cyber Threats that Security Teams Should Pay More Attention to

Ransomware has been a major threat to organizations for the last couple of years and is one of the most publicised threats online. But it is by no means the only cyberthreat your organization will face. Preparing to face these threats head on can facilitate increased security while preparing IT risk managers to improve their strategy’s … Read more