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ARTICLE · 27 MAY 2021

Preparedness And Response Planning Best Practices

McCarthy Tétrault
McCarthy Tétrault
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McCarthy Tétrault

McCarthy Tétrault

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In this article, we discuss 6 key planning points that organisations should consider in light of the ever increasing cyber risks that they face.

CanadaTechnology
TechLex Blog
TechLex Blog
Charles Morgan
Charles Morgan
Ellen Yifan Chen
Ellen Yifan Chen
Jonathan Jacob Adessky
Jonathan Jacob Adessky
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In this article, we discuss 6 key planning points that organisations should consider in light of the ever increasing cyber risks that they face. As a proxy for how seriously organizations are taking cyber risks, the global market for cybersecurity products is expected to grow from USD $152.71 billion in 2018 to USD $248.6 billion by 2023, representing a compound annual growth rate of 10.2%. The landscape has gotten even riskier in recent months. The Canadian Centre for Cybersecurity found that COVID-19 brought more facets of Canadian life online, thus creating new cyber vulnerabilities and increasing the overall risk of cyberattacks. It is therefore of no surprise that three in ten organizations reported seeing a spike in the volume of cyberattacks during the pandemic, according to the Canadian Internet Registration Authority's 2020 cybersecurity report.

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