For more information about KPMG’s Cyber Team, visit kpmg.ca/cyber

Cyber attacks are up across the board and the energy industry is an attractive target

Alberta Venture – May 11, 2016

Michael Ganley reports on the rising number of extortion-driven and ransomware incidents and how the energy industry is at risk. Jeff Thomas, Partner, Cyber Security at KPMG discusses the five trends seen in cybersecurity. Read the full story here.

Howard Solomon reports on the likelihood of the expansion of Canada’s National Cyber Threat Centre with the upcoming budget. Kevvie Fowler, KPMG’s National Cyber Response Leader, explains that it is easier for organizations to subscribe to commercial threat intel feeds, however it should be ensured that the feed is related to the IT products and systems used in offering intel on cybercriminals planning. Read the full story here.

This article reports identifies the five key cyber security trends impacting Canadian businesses. KPMG’s Cyber Watch report highlighted that financial and legal services companies are at higher risk because of the personal and sensitive nature of the information they hold. (French) Read the full story here.

Howard Solomon discusses KPMG’s recent Cyber Watch Report which discusses cyber threat-related trends. Kevvie Fowler, KPMG’s National Cyber Response Leader, explains that organizations should be aware of these trends in order to protect themselves against cyber threats. Read the full story here.

Canadian Underwriter highlights KPMG’s Cyber Watch Report, which identifies key cyber security trends impacting Canadian businesses. The KPMG report identifies increasing extortion-driven and ransomware incidents as the recent trends affecting Canadian organizations. Read the full story here.

Simon Druker reports on KPMG’s five key cyber security trends that are impacting Canadian businesses. KPMG’s Cyber Security Leader, Paul Hanley explains that increase in extortion ransomware incidents is a key issue that organizations are currently facing as well as software becoming more and more sophisticated. Read the full story here.

Karl Rettino-Parazelli reports that KPMG’s Cyber Watch Report has identified an increase in instances of cyber extortion faced by Canadian companies, with the advancement of virtual world applications. KPMG’s Cyber Security Leader in Montréal, Francis Beaudoin confirmed that there is clear progression in cyber-attacks resulting in organizations seeking KPMG’s help. (French) Read the full story here.

Advisor.ca summarizes the top five cyber security threats affecting Canadian businesses according to KPMG’s Cyber Watch Report. Read the full story here.

Didier Oti reports that KPMG’s Cyber Watch Report has identified an increase in the instances of cyber extortion faced by Canadian companies, with the advancement of virtual world applications. The article quotes Francis Beaudoin, Partner and Head of Technology Risk Management and Cyber Security at KPMG, who addresses the key cyber security trends impacting businesses. (French) Read the full story here.

Howard Solomon reports on the rising focus of organizations on the incident response plan to safeguard themselves against cyber-attacks. KPMG’s National Cyber Response Leader, Kevvie Fowler highlighted the importance of incident response tests – noting it is critical that organizations test their plans with incidents they don’t see on a day-to-day basis. Read the full story here.

Shannon Moneo reports on the rising cyber-attacks resulting in data and economic losses. Paul Hanley, KPMG’s National Cyber Security Leader explained that construction sites’ critical data remains at equal risk of cyber-attacks. He further explained that part of KPMG work with its clients could be termed as Ethical Hacking. Eric Rae, KPMG Vancouver Leader for Cyber Security apprised that calling construction information less sensitive depicts fewer data security measures are in place for the industry. Read the full story here.

Rebecca Root reports on the rising cyber-attacks on financial firms resulting in data and economic losses. Paul Hanley, KPMG’s National Cyber Security Leader suggested various steps that individual advisors and their firms can take to enhance cyber security. These include having the latest technical capabilities, creating back-ups, and to be prepared to pay for ransom. Read the full story here