CIRA: 38 percent of Canadian businesses unaware of PIPEDA

(Oct 19, 2018) Within its Fall 2018 Cybersecurity Survey, the Canadian Internet Registration Authority revealed 38 percent of Canadian businesses said they are unfamiliar with the Personal Information Protection and Electronic Documents Act, MobileSyrup reports. The lack of PIPEDA awareness comes as 59 percent of businesses state they store customers' personal information, and 40 percent claim they have suffered a cyberattack within the past 12 months. The CIRA survey also found 54 percent of small businesses ... Read More

Survey: Canadian businesses spent $14B on cybersecurity in 2017

(Oct 19, 2018) 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 reco... Read More

IAPP-EY Annual Governance Report 2018

(Oct 17, 2018) Last year, the 2017 Privacy Governance Report welcomed the arrival of the European Union’s General Data Protection Regulation, both the compliance efforts and the corresponding angst over how to accomplish a list of daunting, if not impossible, tasks. One year later, we see in the 2018 survey that organizations have bulked up their privacy teams, tackled the hard work of implementing GDPR programs, spent a lot of money to get there (an average of $1.3 million, with an additional $1.8 mil... Read More

Analyst names digital ethics and privacy among top trends for 2019

(Oct 17, 2018) TechCrunch reports that analyst Gartner named digital ethics and privacy as one of the top 10 strategic technology trends for 2019. While familiar technology trends also topped the list, including artificial intelligence–driven development, blockchain and autonomous things, digital ethics and privacy cut across trends. Gartner noted digital ethics and privacy have become a “growing concern for individuals, organisations and governments,” and wrote, “People are increasingly concerned about how th... Read More

New study expects 247 percent increase in third-party attacks over next two years

(Oct 17, 2018) Opus, a provider of global compliance and risk management solutions, partnered with research firm ESI ThoughtLab, WSJ Pro Cybersecurity, and other cybersecurity organizations to launch The Cybersecurity Imperative to benchmark the cybersecurity practices and performance of more than 1,300 organizations globally, The Associated Press reports. The study found attacks on and through third-party partners, customers and vendors to present the fastest-growing threat and predicts such attacks on partne... Read More

Survey: 75 percent of US employees display insufficient cyber knowledge

(Oct 16, 2018) A survey performed by MediaPro found 75 percent of U.S. employees put their companies at risk of a cyberattack, TechRepublic reports. For the survey, more than 1,000 staff members were asked about their cybersecurity knowledge and awareness. Financial organizations have had the most difficulty with their staff members in this area, as 85 percent of employees in the industry displayed an insufficient understanding of data privacy and security. Management positions displayed riskier behavior compa... Read More

EY releases Canadian highlights from information security survey

(Oct 12, 2018) EY has released the Canadian highlights from its 21st Global Information Security Survey 2018-2019. The EY survey found 70 percent of Canadian respondents increased their cybersecurity budget within the last 12 months, and 91 percent plan to increase their cybersecurity resources over the next year. Other findings include 64 percent of Canadian respondents who said they either do not have a data protection program or they have an informal one, and 52 percent revealed they do not have a data brea... Read More

Study: Smaller ad trackers struggle post-GDPR

(Oct 11, 2018) A study conducted by Cliqz and Ghostery found the EU General Data Protection Regulation has not affected all ad trackers equally, MediaPost reports. Of the 2,000 European companies analyzed for the survey, smaller ad companies lost between 18 to 31 percent of their reach since the GDPR went into effect. Larger companies have fared better since May 25. Facebook only lost 7 percent of its reach post-GDPR, while Google’s reach increased by 1 percent. The study determined Facebook, Google and other ... Read More

NIST releases blockchain report

(Oct 9, 2018) The U.S. National Institute of Standards and Technology has released a report on blockchain. The report offers an overview of how blockchain works and seeks to emphasize the limitations and misconceptions around the technology. The overview covers the history of blockchain, the difference between permissioned and permissionless models, the components of blockchain, and various consensus models. “The use of blockchain technology is still in its early stages, but it is built on widely understood a... Read More

Survey: 50 percent of US citizens oppose retail stores' use of facial-recognition tech

(Oct 9, 2018) A survey conducted by the Brookings Institution found 50 percent of U.S. citizens oppose the use of facial-recognition software in retail stores to prevent theft. Of the 2,000 individuals polled, 44 percent was against the use of the technology in airports to establish identity, and 44 percent did not want facial recognition to be used in stadiums for security purposes. The study revealed 46 percent of women disapprove of facial-recognition technology compared to 40 percent of men. When asked ab... Read More