CANADA'S CYBER SPY AGENCY SAYS ''BRAZEN, SOPHISTICATED'' RANSOMWARE ATTACKS ARE ON THE RISE

Dec 06, 2021

By Bob Komsic

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More than half of known ransomware victims in Canada this year were critical infrastructure providers, including those in health, energy and manufacturing.
That according to Canada’s Communications Security Establishment.
C-S-E says it’s aware of 235 ransomware incidents. but suspects the number’s higher as most go unreported, and expects such targeting to continue.
As part of a new awareness campaign CSE’s Cyber Centre says the impact can be devastating, and severity of the financial consequences can be profound.
C-S-E estimates the average cost of a data breach, including but not limited to ransomware, is over $6-million.
Working with the RCMP, Canada’s foreign signals intelligence agency has published what they call a ”playbook” outlining steps organizations and businesses can take to protect against ransomware and what to do if attacked.
A handful of federal cabinet ministers have also signed an open letter to organizations, urging them to implement basic cyber security measures.
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