A recent article that ran in Information/Age asked tech experts for their cyber security predictions for 2020.
Ransomware attacks are in the news more than ever, with many high-profile organizations in both the public and private sector finding themselves the victims of serious security breaches that have resulted in catastrophic disruptions to operations, compromised customer data, and monumental financial losses, not to mention the resulting PR nightmares.
In late January of 2019, Dean Allison, MP for Niagara West filed an order paper question pertaining to the federal government’s effectiveness with respect to safeguarding the information that they have on files for Canadians.
In the closing weeks of 2019, there was a surge of cyberattacks that hit a multitude of businesses and organizations. Municipalities and healthcare organizations seemed to be especially targeted, with New Orleans and Pensacola being among the more prominent cities affected.
On July 29, 2019 Capital One confirmed that they were recently the victims of one of the largest thefts of banking information ever.
On November 14, 2019, the Investment Industry Regulatory Organization Of Canada (IIROC) announced amendments to their Dealer Member Rules that require that all investment dealers that are subject to their regulations are now obligated to report all cybersecurity incidents to IIROC within three (3) days of its discovery.