Mistakes happen, are you prepared?
Technology alone cannot protect your business; in addition to the specialized training of your human operating system, an investment in cyber insurance provides an additional layer of protection to help cover financial losses from cyberattacks. Â
Penny Belluz, Director of Operations, TelecoÂ
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Did you know? Â
- Nearly half of Canadian small businesses suffered a cyberattack, costing upwards of $100,000 in 2021. Yet, 47% of smaller companies report having no cybersecurity budget allocation. iÂ
- 95% of cybersecurity breaches are caused by human error. ii Â
- In 2020 alone, cybercrime cost Canadians $6.4 billion in ransoms and lost productivity. iiiÂ
i http://www.ibc.ca/on/resources/media-centre/media-releases/many-small-businesses-vulnerable-to-cyber-attacks
ii https://www.weforum.org/reports/global-risks-report-2022/digest
iii https://financialpost.com/news/economy/they-may-already-be-happening-canada-at-higher-risk-of-cyberattacks-from-russian-hackers-after-siding-with-ukraine
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