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ARTICLE · 02 JULY 2019

Five Things You Should Know About Cyber Risk

Any data gathering network used by you or your firm could be a target.

CanadaTechnology

1. It's only a matter of time

Our increased dependence on technology has resulted in vulnerability and a rise in the frequency and severity of cyber breaches. Computers are used for everything from storing staff employment records to customer phone numbers to company strategic planning. Any data gathering network used by you or your firm could be a target.

2. Any business could be at risk

While most media attention is given to companies dealing with financial or health records, any business that uses electronic equipment is at risk. This ranges from a manufacturing plant with automated equipment to a consulting firm with confidential corporate information to a law firm with client files on their computer network. Although the type of cyber incident may vary from business to business, any company that relies on computers or a body of data is vulnerable.

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