Cybersecurity standards emerging in Canada as ransomware business booms

The Canadian Press  05/06/2024  The ransomware business is booming in Canada. Recent victims have included large corporations such as retailer London Drugs, as well as the City of Hamilton, Ont., and the government of Newfoundland and Labrador. But the criminals who sometimes brag of their attacks on the so-called dark web don’t seem fussy about their targets, based on a small sample of the targets listed by B.C.-based threat analyst Brett Callow. Among them have been a B.C. library network, the province’s First Nations Health Authority and an Ontario charity for disabled children. Cybersecurity experts say the spate of attacks has serious implications for victims and the public, and organizations need multi-layered protection in a landscape of fledgling online security standards. Callow favours an outright ban on ransom payments, or…

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