ARTICLE · 18 AUGUST 2016

Cyber Security & Risk Management Annual Review (July 2016)

Stikeman Elliott LLP

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Stikeman Elliott partner Vanessa Coiteux wrote the chapter on Canada in the Cyber Security & Risk Management Annual Review 2016.

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Vanessa Coiteux

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Q HOW WOULD YOU SUMMARISE TODAY'S CYBERRISK ENVIRONMENT? WHAT NEW RISKS HAVE EMERGED IN THE PAST 12-18 MONTHS?

COITEUX: I would say that in the past 18 months, we have witnessed a number of important developments. These include a jump in extortion-driven attacks where hackers use sensible information to blackmail organisations, new risks emerging from poorly planned or executed cloud service integrations or the use of non-secured cloud based solutions, an increase in risks posed by third-party suppliers and contractors having access to a company's infrastructure, the proliferation of new and mass repackaging of ransomware, and security incidents related to enterprise connected personal and mobile devices (BYOD).

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