Cybersecurity is a growing concern in our interconnected world. With more and more of our daily activities taking place online, it’s crucial to stay informed about the latest threats and trends in the field. The Canadian Cybersecurity Survey Results 2022 offer valuable insight into the state of cybersecurity in our country and the challenges we face in keeping our digital lives safe.
Cybersecurity Survey Highlights
Some key results of the Canadian Cybersecurity Survey for 2022 show the following:
- 29% of organizations reported a data breach, up from 18% before the pandemic. This means that a significant portion of the surveyed organizations in Canada experienced incidents where their confidential information was accessed, stolen, or misused by unauthorized individuals or entities.
- Following a cyber-attack, 15% of organizations reported a loss of customers. This is double the number reported pre-pandemic.
- Where a ransom was paid, this was generally in excess of $25,000.
- Cybersecurity insurance is in place for 25% more Canadian organizations in 2022, regardless of increasing requirements and rising prices.
- Cybersecurity awareness training is in place for nearly all organizations (96%) with a mandatory requirement for at least a portion of employees. The pre-pandemic number was 87%.
- A Cyber Incident Response Plan is reported to be in place for 82% of respondents. An alarming 60% have had to use this plan in the last 12 months.
Approximately 55% of organizations consider that relying on remote work arrangements, where employees are not physically present in the office, makes them more susceptible to cyber-attacks and other security incidents compared to organizations that have a centralized workplace.
Remote work arrangements can create new security challenges, such as unsecured home networks, the use of personal devices for work purposes, and the potential for lost or stolen equipment. These factors can increase the risk of data breaches, unauthorized access to sensitive information, and other security incidents.
Organizations that are fully or partially remote must implement effective security measures and policies to mitigate these risks. This can include providing employees with secure devices, virtual private networks (VPNs), and other security tools, regularly training employees on security best practices, and implementing access controls to ensure that only authorized individuals can access sensitive information.
Bill C-27 – Digital Charter Implementation Act 2022
This bill proposes changes to how personal information is collected, used, disclosed, and disposed of. Businesses need to ensure that personal data is secure to comply with the changes the new legislation proposes. The survey results found that 55% of cybersecurity professionals are aware of Bill C-27. Of those who are aware of the bill, 59% expressed concern about its potential impact on their organization.
It is important for organizations to stay informed about changes in the legal and regulatory landscape, especially those that could impact their cybersecurity practices. Potential implications need to be assessed and appropriate measures taken to mitigate any risks. This includes regularly reviewing and updating their security policies and procedures and ensuring that their cybersecurity measures are compliant with applicable laws and regulations.
Data breaches can have serious consequences for organizations and individuals, including loss of sensitive information, financial losses, reputational damage, and potential legal and regulatory consequences. As such, it’s essential for organizations to implement effective cybersecurity measures and regularly review and update their policies and practices to minimize the risk of data breaches.
In a nutshell, the results of the Canadian Cybersecurity Survey 2022 highlight the importance of staying informed and proactive about cybersecurity. Whether you’re an individual or an organization, the threat of cybercrime is real, and it’s up to all of us to take the necessary steps to protect ourselves and our sensitive information.
If you’re looking for expert guidance and support, look no further than BSC Solutions Group Ltd. Our team of cybersecurity specialists is dedicated to helping you stay secure in the ever-changing digital landscape. Get in touch with us today to learn more!