Ransomware attacks are becoming more frequent and expensive, dealing irreparable damage to businesses of all sizes and industries by encrypting data and rendering it inaccessible until a ransom is paid to the perpetrator.

But while ransomware is a formidable foe, mitigating its impact is possible with early threat detection and swift response.

The interconnectivity of today’s business landscape has given rise to an increasingly common form of cybercrime: business e-mail compromise (BEC) schemes. BEC involves exploiting the trust of company employees and manipulating them into participating in fraudulent activities or transactions.

Rapid technological advancements have revolutionized the business landscape, but they have also opened the gates to a barrage of cybersecurity threats. From customer data theft to disruptions in business operations, the risks to a business's IT infrastructure have never been greater.

From storing sensitive customer data to facilitating communication to conducting online transactions, businesses nowadays largely depend on digital systems and networks. For these systems and networks to be effective, a robust IT infrastructure is crucial.

Shadow IT, or the use of technology within a company without the approval or knowledge of the IT department, is increasingly becoming a problem for businesses. The proliferation of cloud services, coupled with the rise of remote work, has made it easier than ever for employees to use outside applications without their employer’s knowledge or consent.

Identity management (IdM) is the practice of implementing access controls, authentication measures, and authorization processes to secure sensitive company data in applications, networks, files, or devices to which users have access. As technology continues to evolve at lightning speed and security threats become more sophisticated every day, the role of IdM in ensuring data safety becomes even more critical.

Human error is often the root cause of many breaches, but building employee awareness and cultivating good cybersecurity habits can drastically reduce the likelihood of your Ontario business experiencing cyberattacks.

While setting standards and enforcing consistent practices amongst your staff are essential, it can be difficult to get your employees started on cybersecurity awareness.

Cybercriminals often target small businesses because these organizations are usually unaware or don't pay enough attention to cybersecurity best practices. This could lead them to make mistakes that could have costly consequences.

Here are some mistakes that you should avoid at all costs because they could lead to stolen data, financial losses, or even a damaged reputation.

Canada has some of the most stringent cybersecurity regulations in the world. So, as the owner of a Canada-based business, you should know the different cybersecurity laws your organization must follow. It’s also essential to understand how these laws can affect your company.

No matter how well you protect your business from cyberattacks, there is always a risk that someone will find a way to break in. That's why it's essential to have a comprehensive security plan that includes a cutting-edge identity and access management (IAM) solution.