Vast Majority of Canadian Businesses Have Been Hacked in the Last Year

A new study from The Boiler Inspection and Insurance Company of Canada (HSB BI&I) revealed that 90% of Canadian businesses have been experienced one or more hacking incident in the last year.
According to an article on Tech Crunch:

And while 60 percent believe their companies are dedicating enough money or trained and experienced personnel to combat the evolution of hacking techniques, 42 percent do not have cyber insurance coverage.
“With the prevalence of cyber attacks in Canada, there is a clear discrepancy among risk managers’ perceptions and the level of exposure their companies face from hacking activity,” said Derrick Hughes, vice president for HSB BI&I. “Hackers have evolved and so have the risks. Businesses must do more to protect their sensitive information and manage any data breaches.”

Click here to read the full article on Tech Crunch.