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ARTICLE · 22 APRIL 2022

Feds Boost Funding For Cybersecurity, Offer New Resources For SMEs

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The latest federal budget promises just over $1 billion in funding to shore up Canada's cybersecurity, and a government agency has published new resources to help small and medium-sized organizations prevent cyberattacks.

CanadaTechnology

The latest federal budget promises just over $1 billion in funding to shore up Canada's cybersecurity, and a government agency has published new resources to help small and medium-sized organizations prevent cyberattacks.

On April 7, the Government of Canada tabled its latest budget, which pledged $875.2 million over five years, and $238.2 million ongoing, to address "the rapidly evolving cyber threat landscape." The funding announcement came amid growing concerns about Russian state-sponsored cyberattacks.

The following week, the Canadian Centre for Cyber Security (the Cyber Centre) released updated resources to help organizations plan for and respond to cyberattacks.

Funding to Support the Communications Security Establishment

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