A survey from Statistics Canada finds Canadian businesses spent $14 billion on cybersecurity in 2017, the Financial Post reports. The survey also reveals more than one in five businesses suffered a cyberattack last year, but only 10 percent of those businesses reported the incident to law enforcement. Of the $14 billion Canadian businesses devoted to cybersecurity, $8 billion went to the addition of staff and contractors, $4 billion went to software and hardware, and $2 million was spent on recovery and prevention measures. Statistics Canada polled 12,597 businesses for the report and received responses from 86 percent of their targets.
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