Cyber Risks Implications for the Insurance Industry in Canada

Canada is one of the most wired countries in the world. Statistics Canada reports that in 2013, 89 percent of Canadian businesses used the Internet, and nearly every enterprise used some form of information technology.6 The Canadian Internet Registration Authority found that 87 percent of Canadian households were connected to the Internet in 2013, the second highest rate among the G-7 nations.7 The Authority also found that the number of web pages visited each month by Canadians is the highest in the world, and the average time spent online is second highest.

Spotlight

Cyware

Founded in 2016, Cyware is a leading product-based cybersecurity firm. It provides a comprehensive range of innovative cyber fusion solutions for all-source strategic, technical, tactical and operational threat intelligence sharing and threat response automation. The company's enterprise solutions are designed to encourage safe collaboration, improve threat visibility, instill cyber resilience and offer required control by providing enterprises with automated context-rich analysis of threats for proactive action without sacrificing human judgment. Its clientele include Fortune 500 healthcare, financial, energy, and defense enterprises, trade associations, multinational retail firms, industry associations (including ISAOs and ISACs), non-profits, and government agencies.

OTHER WHITEPAPERS
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Managing the IT Modernization Elephant A bite-sized approach to digital modernization

whitePaper | June 15, 2022

There’s an old saying, “How do you eat an elephant? One bite at a time.” In some cases, the task of technology modernization is akin to eating an elephant. Government agencies are filled with legacy applications, many of which have been heavily customized over decades of operation.

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Nasuni Access Anywhere Security Model

whitePaper | December 20, 2022

The Nasuni Access Anywhere add-on service delivers high-performance, VPN-less file access for remote and hybrid users, integrates an organization’s file shares with Microsoft Teams, and provides productivity tools such as desktop synchronization and external file and folder sharing to enhance user productivity and provide access to files seamlessly from anywhere on any device. This white paper outlines the security elements of the Nasuni Access Anywhere service.

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2023 Data Protection Trends Executive Brief Japan Edition

whitePaper | February 3, 2023

In late 2022, an independent research firm completed their survey of 4,200 unbiased IT leaders and implementers on a variety of data protection drivers, challenges, and strategies — including 286 in Japan. This broad-based market study on unbiased organizations is conducted annually on Veeam’s behalf to understand how the data protection market continues to evolve, so that Veeam can ensure product strategies and market initiatives align with where the market is going.

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Cyber Security: Defending your digital business

whitePaper | November 13, 2019

Your business relies on its technology – but lurking around the corner are intruders who can disrupt or devalue your operations. This report shines a light on the sources of the problem, and how you can establish the control you need to get the best from IT. In every corner of the globe, businesses are building new capabilities thatrely on technology. Small businesses are automating previously‐manual processes and digitizing key tasks and information sources. At the same time, large enterprises are dedicating vast resources to analytics and to digital transformation – capitalizing on the reach and opportunities enabled by digitalized processes.

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Network Traffic Analysis (NTA): A Cybersecurity ‘Quick Win’

whitePaper | February 27, 2020

According to research from ESG and the Information Systems Security Association (ISSA), 91% of cybersecurity professionals believe that most organizations are either extremely or somewhat vulnerable to a significant cyber-attack or data breach.1 This level of cyber-risk demands immediate attention and action from CISOs, CIOs, and business executives. As a result, 62% of organizations plan to increase cybersecurity spending in 2020.2 Here’s the problem: Increasing security budgets alone isn’t enough. CISOs need quick and easy wins that can greatly bolster security efficacy and streamline operations without demanding massive projects and vast resources. There is a lot of work ahead. This white paper concludes.

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Cyber Risk Appetite: Defining and Understanding Risk in the Modern Enterprise

whitePaper | January 16, 2020

Managing risk is a balancing act for organizations of all sizes and disciplines. While some organizations take on too much risk, others arguably do not take on enough. Complicating this equation is the emergence of cyber as one of the most impactful sources of risk in the modern enterprise. In fact, cyber security is now increasingly reviewed by corporate boards of directors and often discussed with financial analysts who see cyber security risk as an imminent and paramount business risk. Because the consequences of cyber security failures can be damaging to business revenues and brand reputation, CEOs have lost their positions as a result of data breaches and inept preparation and planning.

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Spotlight

Cyware

Founded in 2016, Cyware is a leading product-based cybersecurity firm. It provides a comprehensive range of innovative cyber fusion solutions for all-source strategic, technical, tactical and operational threat intelligence sharing and threat response automation. The company's enterprise solutions are designed to encourage safe collaboration, improve threat visibility, instill cyber resilience and offer required control by providing enterprises with automated context-rich analysis of threats for proactive action without sacrificing human judgment. Its clientele include Fortune 500 healthcare, financial, energy, and defense enterprises, trade associations, multinational retail firms, industry associations (including ISAOs and ISACs), non-profits, and government agencies.

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