In Canada’s rapidly evolving digital landscape, cyber risk management is more important than ever

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Would you feel safe if your doctor said your heart health was graded as a ‘B’? Canadians should be asking the same question when it comes to their cyber health. 

In a world where cybercriminals are using artificial intelligence (AI) and advanced tools to launch highly sophisticated attacks on the Canadian economy, the biggest threats often come from the basics we overlook. 

To better understand this landscape, we recently ran a large-scale cyber and digital health check-up of nearly 5,000 Canadian organizations through our RiskRecon solution to assess the country’s cyber hygiene. Despite being considered early adopters in the space, Canadian entities on average have good cybersecurity posture. That doesn’t mean there isn’t room for improvement, especially as we drill down into industry-specific trends where cracks in the infrastructure start to arise. 

We know large organizations are facing persistent, high‑priority issues, so imagine the reality for smaller businesses that lack dedicated security teams and resources. A closer look in our analysis revealed that one-third of Canadian businesses are operating with significant, high-priority security…

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