Cyber Update
Cybercriminals are using increased M&A activity in the first half of 2024 to exploit security gaps and intensify cyberattacks.
By Jason Contant | August 14, 2024
2 min read
One cyber insurance expert doesn’t believe the appeal will be successful. “It’s an established principle that facts cannot be privileged."
By Jason Contant | August 13, 2024
5 min read
Canadian and American companies experiencing a cyber extortion event hit record numbers and unprecedented ransom demands in 2023.
By Jason Contant | June 19, 2024
3 min read
One out of every five Canadian businesses say they don’t know enough about cyber insurance, a new cyber survey from Travelers Canada suggests.
By David Gambrill | November 9, 2023
Ransomware attacks are increasing globally thanks to evolving cybercrime tactics making it easier for thieves to transfer and exploit data
By Phil Porado | October 30, 2023
Ransomware continues to be one of top cyber threats to Canadian businesses, even though wire transfer fraud incidents are more expensive.
By Alyssa DiSabatino | October 23, 2023
Cyber insurance is in a much better place now than a few years ago, but still needs an injection of capital to keep up with demand.
By Jason Contant | October 16, 2023
Cyber is associated with global systemic issues, and reinsurers are examining alternate ways to raise capital to cover demand for capacity.
By David Gambrill | October 6, 2023
4 min read
Many small business owners think they're too small to draw the attention of cybercriminals but that assumption is fatally flawed
By Phil Porado | October 3, 2023
Generative AI is revolutionizing how cyber criminals enact their scams, making their targets fail to detect once obvious phishing attempts.
By Alyssa DiSabatino | September 29, 2023
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