Companies must focus on managing cyber-attacks, not eliminating them
TORONTO — Companies trying to stay ahead of the increasing threat of cyberattacks need to be cognizant of one simple fact: there is no perfect antidote or turnkey solution against criminals bent on breaching their systems.
“Everyone is hacking into everything,” said Benoit Dupont, professor of criminology at the University of Montreal and the Canada Research Chair in Cybersecurity.
“Even the most secure, aware organizations like the top intelligence agencies in the world get hacked,” he said, pointing to a report in the New York Times last month that the cyberweapons developed by the National Security Agency to spy on other countries are now being used against it, thanks to a leak.
The number of Canadian businesses experiencing losses of $1-million or more rose to seven per cent from just one per cent two years ago, according to a 2017 report by the Canadian Chamber of Commerce.