Cybersecurity

Cyber Monitoring Centre and British Chambers of Commerce join forces to analyze cyber incidents

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More than a few people have declared that “Information is power.” But that’s the easy part. Getting it is the hard part. In today’s digital landscape, where cyber threats constantly evolve, timely and accurate information is crucial for businesses to understand, mitigate, and ultimately prevent disruptions. Recognizing this, the Cyber Monitoring Centre (CMC) has partnered … Read more

Cybersecurity Threats Escalate: Microsoft Warns of Increasingly Sophisticated Attacks in 2024

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Microsoft’s latest Digital Defense Report highlights an alarming rise in the complexity and scale of cyber threats, urging a collective defense strategy to counter both state-sponsored and criminal attacks. The Digital Defense Report 2024 provides an in-depth overview of the latest changes in the global cybersecurity landscape. The report outlines significant shifts in the nature … Read more

Cybersecurity Vulnerability: Companies Risk Governance Woes Over Delayed Security Fixes

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Cybersecurity negligence and resulting vulnerability have become increasingly critical as the number of known vulnerabilities surges. In a recent report, S&P Global Ratings warns that organizations slow to remediate highly targeted cyber vulnerabilities may face significant governance issues. Such delays increase the risk of system compromises and could negatively influence S&P’s assessment of an entity’s … Read more

Canadian Cyber Centre Releases National Cyber Threat Assessment Amid Evolving Cyber Risks

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The cyber threat landscape facing Canadian businesses is becoming increasingly complex and severe, with methods like identity theft, scams, fraud, and ransomware affecting a larger proportion of organizations. According to the 2023 Canadian Survey of Cyber Security and Cybercrime (CSCSC), about 1 in 6 (16%) Canadian businesses experienced cybersecurity incidents. This week, The Canadian Centre … Read more

Five Eyes Nations Launch Unified Security Campaign for Startups

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The Five Eyes alliance—comprising intelligence agencies from the United States, United Kingdom, Canada, Australia, and New Zealand—has unveiled a new security initiative to safeguard tech startups from nation-state threats. Dubbed “Secure Innovation,” this initiative provides a cohesive set of guidelines to protect intellectual property, critical assets, and competitive edges across borders. This marks a significant … Read more

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