Cyber security – the new frontier in farm risk management

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By Ethan Wallace, Vice President, Ontario Federation of Agriculture

When most people consider what could pose a risk to Ontario farm businesses, they likely think of extreme weather or commodity market fluctuations. But in today’s connected world, one of the fastest-growing risks is one we can’t see until it’s too late: cyber attacks.

Cyber criminals are becoming more sophisticated, and the reality is that it’s no longer a question of if you will face a cyber security problem, but when. Although I’m writing specifically from the perspective of the agriculture sector as a dairy farmer and Vice President of the Ontario Federation of Agriculture, all of us are at risk, regardless of where we are or what we do.

From real-looking emails and spoofed phone numbers to text messages that seem legitimate, scams are harder than ever to spot. And when something goes wrong, the costs can be staggering — not just financially, but also in terms of lost time, stress, and damaged relationships with customers or suppliers.

Farms and agri-businesses are particularly vulnerable to cyber security attacks.

First, most farms are small, independent businesses with limited IT resources….

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