CANADA'S CYBER SPY AGENCY SAYS ''BRAZEN, SOPHISTICATED'' RANSOMWARE ATTACKS ARE ON THE RISE
Dec 06, 2021
By Bob Komsic
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.