Putting cyber risk into business perspective
I am in the process of writing a new book intended as guidance for senior management and board members on decision-making when it comes to cyber risk.
Data breach
Cybersecure … like a bank
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.
Plenty of phishing going on
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.
