Canada's banking regulator recently updated its Technology and Cyber Security Incident Reporting requirements for financial institutions to disclose and report cybersecurity incidents. And, for the first time since 2013, it updated its Cyber Security Self-Assessment tool.
Data breaches costed companies $4.24 million per incident on average–the highest cost in the 17-year history of the report. It turns out that security incidents became more costly (10 percent more than last year) and more difficult to contain due to drastic operational shifts during the pandemic.
Recently, the topic of data scraping has been in the news. But what is it? How do people do it? Why would anyone want to do it? Are there any dangers associated with it? And what can be done to deal with it?