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ARTICLE · 17 DECEMBER 2014

Risky Business: BLG Sees Cyber Risks Underlining Challenges To Canadian Businesses

Borden Ladner Gervais LLP
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yber risks will be a dominant issue for Canadian businesses in 2015, according to Borden Ladner Gervais LLP in its 2015 Top 10 Business Risks report.

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Article by Eusis Dougan-McKenzie, Lisa Bodnar (Environics Communications Inc.) and Carolyne Lord (Capital Image)

BORDEN LADNER GERVAIS OUTLINES 2015'S TOP 10 BUSINESS RISKS

Toronto (December 16, 2014) — Cyber risks will be a dominant issue for Canadian businesses in 2015, according to Borden Ladner Gervais LLP (BLG) in its 2015 Top 10 Business Risks report. Following a Statistics Canada report that 14 per cent of large enterprises experienced an Internet security breach in 2013, BLG predicts Canadian companies will continue to face legal fall-out from data breaches, employee misconduct and reputation risk on social media.

"This is the fifth year we have looked at the risks that challenge our clients and are part of larger trends, and regardless of the industry or workplace everyone has to address cyber risks. Although data breaches and social media issues have made the list before, the increase in data breaches and recent cases of employee breaches of privacy

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