Breaches of Canadian publicly traded companies jumped an “alarming” 50% in 2011

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CANADA Canadian businesses are increasingly being victimized by hackers but are also less prepared for such Internet threats, new reports have found.

Breaches of Canadian publicly traded companies jumped an “alarming” 50% in 2011, says a joint study released Tuesday by Telus Corp. and the University of Toronto’s Rotman School of Management. The annual study said public companies in Canada were hacked an average of 18 times this year, compared with an average of 12 attacks suffered in 2010.

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