OTTAWA –

A new Stats Canada report says 18 for each cent of Canadian firms had been impacted by cybersecurity incidents very last year, down from 21 for every cent in 2019, as they put in additional funds to protect against attacks.

The report found 16 for each cent of little enterprises, 25 per cent of medium-sized companies and 37 for each cent of large organizations noted becoming afflicted by cybersecurity incidents in 2021.

Figures Canada stated Tuesday firms most usually faced makes an attempt to steal income or demand ransom payments and efforts to steal personalized or monetary facts.

Sixty-one particular for each cent of affected organizations recognized external get-togethers as the perpetrator of cybersecurity incidents, when 38 for every cent could not discover the perpetrator.

The share of enterprises that documented paying income to detect or protect against cybersecurity incidents remained relatively the similar in 2021, at 61 per cent, as opposed with 62 for each cent in 2019.

However, the volume of funds Canadian enterprises invested to detect or stop cybersecurity incidents elevated by roughly $2.8 billion in 2021 to $9.7 billion when as opposed with 2019, Figures Canada explained.

Big corporations invested $4.4 billion, little enterprises put in $2.9 billion and medium-sized companies spent $2.4 billion previous calendar year.

Organizations that have been strike with a cybersecurity incident invested a full of a bit much more than $600 million to get well, an increase of about $200 million dollars from 2019.

The report also identified that lots of companies have been employing policies and strategies to mitigate threats.

Additional than 6 in 10 corporations had at the very least a person worker dependable for overseeing cybersecurity pitfalls and threats as of 2021, virtually four in 10 had a guide or contractor to manage threats, and just about one-3rd had regular monthly or additional recurrent updating of running programs.

The report was primarily based on data gathered from January to March 2022.

This report by The Canadian Press was first published Oct. 18, 2022.
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