Stories continue to abound about cyber attacks, hacking and new potential threats to the security of Canada's IT systems. For many SMEs the thoughts of addressing the many potential threats, while they work hard to provide business growth, good service to customers and returns on investment, is pretty challenging. Since for many companies the IT environment is still kind of unknowable territory especially when looking at security issues it is not hard to accept that they can become overwhelmed by all of the negative news.Read More
Office Document Strategies Blog
The Canadian Federal Government has introduced revisions to the Canada Elections Act designed to address concerns about how electronic interference affects future voting. Given all the controversy about US, European and other jurisdictions being affected by both individual and country sponsored hacking during elections this is a timely and important topic for Canada given the numbers of elections coming over the next couple of years,Read More
Anyone watching the political situation in the US knows that cybercrime has become more than just an economic tool. The political use of cybercrime is potentially even more critical to the world than the economic impacts but understanding this should not have any of us forget how critical the dollar costs are.Read More
The Online Trust Alliance issued its tenth annual report on cyber incidents and breach readiness in late January 2018.
A key feature of the report is the amount of impact that ransom type attacks have had in 2017 both in direct malware and other elements like threatened denial of service events.
It summarizes that preparation and constant diligence are key in avoiding cyber threats.Read More
All of the controversy around the issues of the Russian intervention in the US and other country's elections sometimes covers how important cyber security and the ability of IT networks to be secure is to everyday activity. If the general media was only focused on the political consequences of hacking of IT systems we would not hear about how some of the daily things we do are affected.
Some headlines which show Canada is not immune to the issues:
The costs associated with building systems, acquiring protection software and spending time to keep on top of current threats are all things which we as consumers end up paying for as they get incorporated into the costs of the goods and services which we use.
A recent CNN summary itemizes some of the biggest stories which have occurred including the 145 million accounts from the Equifax hack, the announcement the total of 3 billion Yahoo accounts were hacked in 2013 and closer to home the fact an Ancaster hacker connected to Russians has now pleaded guilty to hacking up to 500 million Yahoo accounts from 2014.
These kinds of events kind of make use glaze over as we figure there is nothing we can do to protect ourselves but we do know that Canadian organizations are forced to spend large amounts to attempt to build protections for us.
We end up having to deal with less convenient systems as things like double authentication security start being applied to our online accounts. Cumbersome conventions which force us to not be able to directly connect to some financial activity without using fairly difficult security procedures frustrate people and lead them to avoid using electronic systems.
Of course the convenience provided by electronic communications including credit and debit transactions hook most of us into continuing to stay connected and to hope that our information will be held secure by the organizations we buy from. Every effort which can be made to help secure online transactions (which include most cash register systems) will pay dividends in consumer confidence hopefully.
Looking ahead to 2018 we can only hope that cyber security will remain a high priority for the legitimate IT industry and that break throughs can occur which will frustrate those who seek to illegitimately use electronic data.
Photo credit: By ITSveronica (Own work) [CC BY-SA 4.0 (https://creativecommons.org/licenses/by-sa/4.0)], via Wikimedia Commons