69% of surveyed Canadian businesses experienced cyber attack in a 12-month period: report

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“Across business communities, there is a general lack of strategy, procedures and trained personnel to combat cyber crime,” notes the survey report, Study of the Impact of Cyber Crime on Businesses in Canada: Fighting Cybercrime Together.

The report suggests two factors could be responsible for the lack of preparedness: the damages (financial or reputational) caused by cyber attacks have not been significant to merit shifts in attitudes and behaviour; and/or organizations do not have enough awareness and knowledge of what strategies they should be implementing to minimize their vulnerability against such attacks.

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