A cybersecurity incident stretched into its fifth day at Indigo Books & Music Inc. on Monday, illuminating the growing risk of cyberattacks on Canadian companies and consumers.
The ongoing outage of the bookstore's website serves as a warning of the mounting dangers facing organizations and individuals online, experts say.
Last week, Indigo said it had experienced a "cybersecurity incident" impacting its website and electronic payment system. The company said it was working with third-party experts to investigate and resolve the situation. The bookstore has said customers may experience delays with part or all of online orders and returns, while its stores were still unable to accept returns in person.
"There are companies out there that are ripe for the picking and these threat actors are firing these attacks out and just seeing what sticks," he said. "Some organizations recover fairly quickly but it can be catastrophic for others." "There is a real risk for the survival of small businesses," she said. "Cyber criminals are always developing more advanced and sophisticated ways of trying to trick you and break through a business's defences.""These attacks can be devastating for organizations," Finlay said. "A significant proportion of businesses that suffer serious cybersecurity attacks do not survive.
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