Canadian companies are vulnerable to the increasing risk of cyber attacks

The ability of companies to fight cyber attacks isn’t keeping pace with the rising prevalence and costs inflicted on businesses, according to professional services firm Deloitte & Touche LLP. Companies such as Eddie Bauer, which had customers’ payment card information accessed by malware, and Volkswagen, which has had keyless entry systems hacked, are among those that have fallen prey to hacks and attacks recently. “You basically have to swallow your pride and say: ‘We’re going to get hacked no matter what,” said Montreal-based Rob Masse, partner at Deloitte’s Enterprise Risk Services. “The attacks are always happening and the level of impact is increasing. The gravity of each breach is getting more important.” Related ‘We’ve shut you down’: Ransomware attacks on the rise as hackers paralyze computer networks, demand money Hackers…


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