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By McCarthy Tétrault LLP | 3 Minutes Read July 26, 2021

Emerging developments in ransomware

risk managementInstances of ransomware have exploded in the past five years. In 2020 alone, it is estimated that the total cost to Canadian organizations in paid ransoms and lost productivity was US$4 billion.

Article by McCarthy Tétrault LLP / Business, Information Technology / cyber attack, cyber incident response plans, cyber insurance, cyber risk, cybercrime, cybersecurity, Data breach, extortion, ransomeware, ransomware attacks

By McCarthy Tétrault LLP | 4 Minutes Read March 29, 2021

IIROC Publishes Notice Regarding Ransomware Attacks

risk managementThe Investment Industry Regulatory Organization of Canada has published a Cybersecurity Notice on Ransomware, which flags a recent uptick in ransomware attacks on IIROC firms and provides guidance on how IIROC firms should prevent, detect, respond to and recover from ransomware attacks.

Article by McCarthy Tétrault LLP / Finance and Accounting / cyber attack, cyber insurance, cybersecurity, IIROC, Ransomware, ransomware attacks

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