Officials are warning that Canadians are increasingly becoming targets of ransomware attacks, posing a threat to national security, the economy, and critical infrastructure. The Canadian Centre for Cyber Security released a report categorizing ransomware as the “most disruptive” form of cybercrime in Canada. They predict that cybercrime activity in Canada will likely increase over the next two years. This comes amidst a year filled with high-profile cyberattacks and ransomware incidents targeting major businesses, healthcare networks, law enforcement, and governments globally.
The report identifies several sectors as prime targets for ransomware attacks, including manufacturing, businesses and professional services, information and communication technology, retail and consumer goods, and healthcare and pharmaceuticals. It also highlights the role of Russia and Iran as “safe havens” for cybercriminals operating against Western targets, with Russia’s intelligence services and law enforcement having relationships with cybercriminals.
Recent victims of ransomware attacks in Canada include book retailer Indigo, grocer Sobeys, oil and gas producer Suncor Energy Inc., and Toronto’s Hospital for Sick Children. Cybersecurity officials warn of future incidents that could jeopardize national security, public and environmental safety, and the economy.
Threat to critical infrastructure
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