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Businesses in Canada Warned Not to Overlook Cybersecurity As Recession Looms

https://thecybersecurity.news/general-cyber-security-news/businesses-in-canada-warned-not-to-overlook-cybersecurity-as-recession-looms-22237/?nowprocket=1

Excerpts:

“Data breaches can cost corporations tens of millions of pounds, and which is not anything most firms can manage in an financial downturn. Holding organization data safe is an investment that will often shell out foreseeable future dividends,” reported Hartaj Nijjar, lover and national cybersecurity market leader at KPMG in Canada.

The study located that a quantity of CEOs at large Canadian organizations who mentioned they have been “nicely ready” or “very very well organized” for a cyber–attack fell 17 share details from 2021, and those people who claimed they had been “underprepared” jumped three–fold. They reported an even larger fall – nearly five–fold – in their level of preparedness in opposition to a unique cyber–attack like ransomware.
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