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By | < 1 Minutes Read

The cost of security breaches in Canada

 
The cost of security breaches
There’s a new report from TELUS in partnership with the Rotman School of Management that helps quantify the cost of IT security breaches to Canadian companies.
The report, based on a survey of more than 600 IT security professionals in Canada found that:  

  • IT security breaches cost the average organization an estimated $834,000 in 2009 – a 97 per cent increase from the $423,000 reported last year.
  • There were an average of 11.3 reported IT security breaches per company in 2009, an increase of 276 per cent compared with 2008.
  • Many of these breaches were “inside jobs” perpetrated by a company’s own employees

For the Rotman School report, click here. For the story on CBC.ca, click here.
What has your company’s experience been?

By | 2 Minutes Read

Social media in the workplace: Oh what to do!?

If you're reading this blog post, I'll bet that you're at work, on company time. Should you feel bad about that? I'd like to believe that what you're reading has value, and will add to your understanding of today's workplace and HR practices, and maybe that's justification enough. But I wouldn't be surprised if, besides reading blogs, you also looked at your Facebook account and maybe even sent a few tweets while at work. What's your justification for that?

By | < 1 Minutes Read

The cost of malware

After a carefree summer, here´s just the thing to help you prepare for the terrors of the modern workplace: a recent OECD study entitled Computer Viruses and Other Malicious Software: A Threat to the Internet Economy, which estimates that the average business spends between 6 and 10 percent of its total technology budget addressing issues arising from malware.

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