On April 27th, Foglers held a seminar entitled
'Improving Your Organization's Cyber Resilience' with
external guests Patrick Bourk, a veteran insurance coverage lawyer
and specialty insurance broker, and Jason Kotler, the President of CYPFER, a
full-service cyber security, ransomware and digital forensics
company. This bulletin provides a summary of the key topics
discussed during the event. A copy of the presentation is available
for viewing here.
The Rise of Cyber Incidents
Cyber incidents affecting Canadian businesses are growing at an
alarming rate, with increased sophistication, as more and more work
and business transactions are conducted virtually.
A few high-profile cyber breaches capture media headlines, but
the problem is pervasive. Almost one-fifth (18%) of Canadian
businesses suffered cyber security incidents in 2021, according to
StatsCan, mostly ransomware, business email compromise and malware
attacks.
