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 …
If you’re someone who prides themselves on staying informed about the latest scams to avoid becoming a victim, then you need to be aware of QR code scams. Criminals are constantly finding innovative ways to deceive the public, and QR code scams are no exception. While their tactics may be impressive in their creativity, the …
“The cloud” is no longer just a place to store vacation photos; it has become the primary location for over 50% of Canadian organizations’ data. While there are many benefits to storing data in the cloud, businesses are realizing that it also comes with unique challenges. To better understand how to manage the rapidly growing …
Canadian retailer Indigo Books and Music Inc. has reported a loss of $49.6 million in its latest financial year. The company attributes this loss to a ransomware attack on its website and payment systems, as well as the impact of cooling consumer spending. The cyberattack resulted in the compromise of personal information belonging to both …