Canadian businesses risk overlooking cybersecurity: KPMG

With cybersecurity breaches on the rise, many Canadian business leaders are less confident in their ability to deal with an attack, underscoring more than ever the importance of staying vigilant even if they feel buffeted by near-term headwinds like a potential recession, new KPMG research released today reveals.

According to KPMG International’s Global CEO Outlook Survey, the number of CEOs at large Canadian companies who said they were “well prepared” or “very well prepared” for a cyberattack fell 17 percentage points from last year, and those who said they were “underprepared” jumped three-fold.

They reported an even bigger drop – nearly five-fold – in their level of preparedness against a specific cyberattack like ransomware (malicious software that holds data hostage in exchange for a ransom), the consulting firm said.

Would you recommend this article?

Share

Thanks for taking the time to let us know what you think of this article!
We'd love to hear your opinion about this or any other story you read in our publication.


Jim Love, Chief Content Officer, IT World Canada

Featured Download

CDN in your inbox

CDN delivers a critical analysis of the competitive landscape detailing both the challenges and opportunities facing solution providers. CDN's email newsletter details the most important news and commentary from the channel.

Big Bytes

Related Bytes