1 in 5 Canadian Businesses Hit by Cyberattack in 2017, StatCan Survey Shows
1 in 5 Canadian Businesses Hit by Cyberattack in 2017, StatCan Survey Shows A survey conducted by Statistics Canada (StatCan), Canada’s national statistical office, showed that 1 in 5 Canadian businesses were hit by a cyberattack last year. From January 2018 to April 2018, StatCanconducted the first of its kind survey that aimed to provide a snapshot of the cybersecurity challenges encountered by Canadian businesses – those with 10 or more employees. StatCan’s survey results showed that over one-fifth or 21% of Canadian businesses reported that they were hit by a cyberattack last year which affected their operations. The survey showed that large businesses (41%) were more than twice as likely as small businesses (19%) to identify an impactful cyberattack. Direct Costs of Cyberattacks Listed below are the direct costs of cyberattacks…