Some companies may see cyber attacks as a 'cost of doing business,' without fully understanding either the risk or the impact to the bottom line or reputation.
Two-thirds of corporate board members in 12 countries — including Canada — fear a cyberattack on their organization in the next year and almost half feel their organization is unprepared to cope with a targeted attack, new research indicates.
The data comes from a new survey of board members into perceptions about their key challenges and risks. The research was done by Proofpoint Inc. and Cybersecurity at MIT Sloan. Researchers contacted directors in the U.S., Canada, the U.K., France, Germany, Italy, Spain, Australia, Singapore, Japan, Brazil, and Mexico.
The Cybersecurity: The 2020 Board Perspective Report released Oct. 4 showed Canada has one of the highest disparities of countries examined when it comes to the perception of risk by a CISO and their board — 76 per cent of CISOs seeing greater risk compared to 50 per cent of board members.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Canadian companies fear ransomware attacks, cybersecurity research showsSome companies may see cyber attacks as a 'cost of doing business,' without fully understanding either the risk or the impact to the bottom line or reputation.
Read more »
Field Effect, led by ex-cyberspies, raises $30-million to protect small businesses from hackersThe Ottawa-based company specializes in protecting small businesses against ransomware gangs and other purveyors of costly, increasingly pervasive cybercrimes
Read more »
Canadian Consumer Confidence Sinks to Near-Record Low: BloombergAmid global economic uncertainty and lingering fears of recession, Canadians are — unsurprisingly — reporting near-record-low optimism about the economy. BNNBloomberg | niknanos | Cdnpoli Canada inflation interestrates
Read more »
Police: Student attack was 'hate-motivated' crimeThe National Council of Canadian Muslims is among the organizations reacting to charges following an attack on a Syrian student.
Read more »
Advocacy group calls out corporate 'tax avoidance,' cites billions lost in new reportA new report from Canadians for Tax Fairness says top companies paid $30 billion less in taxes last year than would be expected.
Read more »
Advocacy group calls out corporate 'tax avoidance,' cites billions lost in new reportA new report from Canadians for Tax Fairness says top companies paid $30 billion less in taxes last year than would be expected.
Read more »