Cybersecurity Threats To The Canadian Mining Industry: Is Your Business Ready?

Cybersecurity attacks on critical infrastructure are on the rise especially considering the significant potential negative consequences such attacks can cause to both a country's domestic and the global economy. One of the most notorious cybersecurity threats organizations currently face is ransomware, which is a type of malicious software that threatens to publish a victim's data assets or block access to a victim's key networks or related infrastructure unless a material sum of money is paid. In the first half of 2021, global ransomware attacks increased by a staggering 151%. Ransomware incidents can devastate organizations by disrupting their critical operations to the extent that they are reliant on network and system connectivity.