CNA Canada Launches Epack 3

Cyber Security Awareness is well under way as we move through October

Source: https://securesense.ca/

Ahh, October. The time of the year when the air gets crisp, the leaves begin to change and Cyber Security Awareness begins! We may be biased, but we think October is the best month of the year.

We live in a world that is continuously more connected than ever before. The Internet touches almost every aspect of one’s daily life, whether realized or not. Cyber Security Awareness Month (CSAM) is designed to engage and educate the public and private sector through online events and initiatives to raise awareness about the importance of cybersecurity, provide them with tools and resources needed to stay safe online and increase the resiliency of the Nation in the event of a cyber incident.

The Government of Canada has already provided some great tools to help jump start your online security. We specifically like this infographic on 5 ways to run a #CyberSafeBusiness.

Happy Cyber Security Awareness Month!

 

Locked up computer systems only part of ‘terrifying’ ransomware scourge

By Colin Perkel

THE CANADIAN PRESS

TORONTO _ A shadowy group of cybercriminals that attacked a prominent nursing organization and Canadian Tire store has successfully targeted other companies with clients in governments, health care, insurance and other sectors.

Posts on their NetWalker  “blog” indicate the recent infiltration of cloud-services company Accreon and document company Xpertdoc, although only the College of Nurses of Ontario has publicly acknowledged being victimized.

Experts say NetWalker surfaced about a year ago but its attacks took off in March as the criminals exploited fears of COVID and people working remotely. The ransomware, like similar malware, often infiltrates computer networks via phishing emails. Such messages masquerade as genuine, prompting users to provide log-in information or inadvertently download malware.

Earlier ransomware attacks focused on encrypting a target’s files _ putting them and even backups out of reach. Increasingly, attackers also threaten to publish data stolen during their “dwell time,” the days or weeks spent inside an exploited network before encryption and detection.

The intruders promise to provide a decryption key and to destroy stolen records if the organization pays a ransom, often based on what the attackers have learned about its finances, by a given deadline.

To underscore the extortion, NetWalker criminals publish tantalizing screen shots of information they have, such as personnel, financial, legal and health records.

“The data in these cases is extremely sensitive,” said Brett Callow, a Vancouver Island-based threat analyst with cyber-security firm, Emsisoft. “Lots of companies choose not to disclose these incidents, so the individuals and (third-party) organizations whose data have been compromised never find out.”

In an interview, Richard Brossoit, CEO of Montreal-based Xpertdoc, said this month’s attack was a “little terrifying” at first. Fortunately, he said, damage was limited and no confidential client or personal information was compromised, although some records might be permanently lost.

“Once we were able to isolate the problem and knew it was minimal that our customers weren’t really affected at all obviously it was a very big relief,” Brossoit said.

With new computers, his several dozen employees were back up and running within days, he said. Still, Xpertdoc did hire specialists to deal with the cyber-criminals.

“We were able to negotiate a very low ransom,” Brossoit said. “They didn’t ask too much and we were able to actually negotiate much lower than what they were asking.”

Morneau Shapell, one of dozens of potential third-party victims, said it accepted Xpertdoc’s assurances no sensitive information had been compromised.

Accreon, which has until the first weekend in October to pay up, would not discuss its situation.

NetWalker did recently publish gigabytes of internal data from a Canadian Tire store in Kelowna, B.C. In response to a query, Canadian Tire Corporation said store computers were hit and authorities were investigating.

“This incident has not affected the Canadian Tire Corporation computer networks that process customer information or purchases,” the company said, adding store employees were told their personal information had been compromised.

The nurses’ college, which angered members by taking more than a week to publicly admit the attack discovered Sept. 8, did say it was getting back on its feet, although some services remained down.

“We share our members’ distress and frustration that this has happened,” college CEO Anne Coghlan said in a statement.  “Members can rest assured that we will notify them directly if we identify any risk to individuals.”

The consequences of ransomware can go beyond the financial and reputational. This month, for example, a hospital in Duesseldorf, Germany, was unable to admit a patient for urgent treatment after an apparent cyber-attack crippled its IT system, authorities said. The woman died.

Such attacks have become increasingly frequent. Earlier victims in Canada include municipalities among them Stratford and Wasaga Beach in Ontario and the Regional District of Okanagan-Similkameen in B.C. health-care organizations and charities. Cloud storage companies, with troves of third-party data, have also become attractive targets.

This year, the University of California San Francisco paid US$1.14 million to regain access to its data. The encrypted information, the school said, was “important to some of the academic work we pursue as a university serving the public good.”

Just how often victims pay _ and how much _ is hard to know. One analysis by New Zealand-based Emsisoft, using available data, estimates ransomware losses for Canadian enterprises could run up to US$1.7 billion this year.

“It’s really difficult to get accurate statistics,” said David Masson, a director with cyber-security company Darktrace. “Those who pay won’t be telling you. If you do pay, you’re probably going to be attacked again because very quickly…you’re going to get a reputation that you paid.”

Those behind NetWalker appear to be Russian speaking. They provide the malware for a cut to “affiliates,” who promise not to attack Russian or Russia-friendly targets.

“Their attacks are becoming increasingly sophisticated,” Callow said. “These groups are using the exact same tools as nation-state actors. In some cases, they may actually be nation-state actors.”

Experts say up-to-date anti-virus software, segmenting networks and keeping separate backups are among critical protective measures. In addition, Masson said knowing what is going on within a network is crucial, while Brossoit advised hiring specialists should an attack happen.

This report by The Canadian Press was first published on Sept. 27, 2020.

New Cybersecurity Initiative Finds That a Majority of Canadians Have Been the Victim of a Cybercrime

New Cybersecurity Initiative Finds That a Majority of Canadians Have Been the Victim of a Cybercrime

TORONTO, July 9, 2020 /CNW/ – The Cybersecure Policy Exchange (CPX), powered by RBC, today launched a report setting out an ambitious policy agenda that addresses findings from new survey data of 2,000 Canadians collected in mid-May. The report sheds light on Canadians’ online experiences and their priorities related to cybersecurity and digital privacy.

The goal of CPX is to broaden and deepen the discussion about cybersecurity and digital privacy policy in Canada, and to create and advance innovative policy responses, from idea generation to implementation.

“We live and work in a time of unprecedented technology development and adoption —

further accelerated by events like COVID-19,” said Charles Finlay, Executive Director of Rogers Cybersecure Catalyst. “We need urgent national policies that protect our security and digital privacy, while ensuring equal access for all. That is why we developed CPX–to be a platform for debating and advancing cybersecurity policy that is of critical importance to all Canadians.”

To lay the groundwork for these discussions, CPX undertook a survey of Canadians; some key findings from the report “Advancing a Cybersecure Canada” include:

  • 57% of Canadians reported being the victim of a cybercrime;
    • 31% unintentionally installed or downloaded a computer virus or malware;
    • 28% experienced a data breach that exposed personal information; and
    • 22% had an online account hacked;
    • 13% have been a victim of phishing; and
    • 8% have unintentionally installed or downloaded ransomware.
  • Since the start of the COVID-19 pandemic, Canadians have adopted new technologies to stay connected making them more vulnerable to privacy and security risks. 55% of Canadians have used Facebook Messenger and 46%have used Zoom.
  • Only 26% of Canadians with a smart speaker or voice-operated assistant have restricted the information it can access through its settings.

CPX will focus its work on three high-impact technologies:

  1. Social Media Platforms: Online platforms that enable users to connect and share user-generated content.
    • Only 15% of Canadians trust Facebook to keep their data secure, compared to 62% who trust the federal government and 73% who trust health care providers.
  2. Internet of Things (IoT): Physical networked devices connected to the Internet, from consumer electronics, to larger industrial and infrastructure applications.
    • 68% of Canadians have at least one smart device in their home.
  3. Biometrics and Facial Recognition: Technologies that measure and analyze a person’s physical or behavioural attributes to recognize or confirm identities, such as facial recognition.
    • 41% of Canadians are uncomfortable with being captured by video doorbells like Amazon’s Ring, and 15% support a ban on these products.

This report marks the launch of CPX’s agenda to develop public policy solutions, and raise awareness to the privacy and security challenges of each of these technologies.

“Cybersecurity has quickly become one of the most important issues of our time,” said Laurie Pezzente, Senior Vice-President of Global Cyber Security and Chief Security Officer at RBC. “As a leading organization in cybersecurity entrusted to keep our clients data safe and secure, RBC is proud to support the Cybersecure Policy Exchange and its ambitious policy agenda. Questions of privacy and security are paramount for all Canadians and policymakers, and proper governance of these issues will ultimately contribute to a more prosperous and equitable world.”

On Tuesday, July 14th from 1:30pm – 3:00pm EST members of the CPX team from RBC, Rogers Cybersecure Catalyst and Ryerson Leadership will convene for a live discussion to breakdown their new agenda, survey results and elaborate on the current cybersecurity threat landscape. More information and the registration link can be found here.

Through close public and sectoral engagement with the general public, government, academia and civic institutions on each of these urgent challenges, CPX will work to advance the responsible governance of this technology to protect Canadians.

The full findings are available at https://www.cybersecurepolicy.ca/agenda. An anonymous survey was conducted online by Pollara Strategic Insights on behalf of the Cybersecure Policy Exchange with 2,000 Canadian residents 18 years of age or older, from May 14 to 22, 2020. As a guideline, a probability sample of this size would yield results accurate to +/- 2 percentage points, 19 times out of 20. The data were weighted by region, gender and age, based on the most recent Canadian census figures to ensure that the sample matched Canada’s population.

The Cybersecure Policy Exchange is a new initiative from Ryerson University, dedicated to advancing effective and innovative public policy in cybersecurity and digital privacy. The Cybersecure Policy Exchange is powered by RBC through Rogers Cybersecure Catalyst and the Ryerson Leadership Lab.

Cybersecure Policy Exchange
cybersecurepolicy.ca | @cyberpolicyx
cybersecure.policy@ryerson.ca

SOURCE Ryerson University

 

Coalition, a technology-enabled cyber insurance & security firm, has entered the Canadian market

Coalition, a technology-enabled cyber insurance & security firm, has entered the Canadian market

Coalition, the leading cyber insurance and security company in the US, today announced it is expanding its offering to Canada-based companies, providing proactive cybersecurity products and services and best-in-class cyber and technology error & omissions insurance to help keep businesses safe. Coalition will offer up to CAD $20 million of comprehensive insurance coverage supported by the financial strength of Swiss Re (A.M. Best A+) to companies with up to CAD $1 billion in annual revenue. Through Coalition’s online platform, licensed insurance brokers are able to generate a quote in minutes and also provide their clients with access to Coalition’s proprietary cybersecurity tools and services that are designed to detect, mitigate, and contain threats at no additional cost.

Cyber threats know no boundaries — technology has introduced a range of new threats to businesses irrespective of their location that are not well covered by traditional insurers. Coalition’s global cybersecurity platform provides businesses the risk management support they need most, including help preventing incidents in the first place, and support during and after a crisis. With this expansion, Coalition is proud to advance its mission to solve cyber risktogether with Canadian businesses by not only helping to prevent cyber attacks, but helping businesses survive them when they occur.

“Cyber risk is a global problem in need of a global solution,” said Shawn Ram, Head of Insurance at Coalition. “The future of cyber security and insurance are integrated solutions to protect against cyber incidents across all asset types. We’re excited to make this future a reality across the Canadian market.”

Coalition’s approach to cyber insurance is rooted in risk management and mitigation, bringing together cyber security expertise with the safety of insurance to provide the first truly holistic approach to solve cyber risk:

  • Risk mitigation: Coalition provides free cybersecurity tools to help businesses manage and mitigate cyber risk, and comprehensive cyber insurance to help them recover after an incident. Coalition’s comprehensive solution helps companies improve their cybersecurity, mitigate incidents when they occur, and help companies recover financially in the aftermath.
  • Superior claims handling and incident response: all policyholders receive 24/7/365 access to Coalition’s in-house team of security and incident response experts. Together with hand-picked partner firms (including public relations, legal, and crisis management experts), Coalition stands ready to help organizations quickly recover from a cyber incident.
  • Aligned incentives: Coalition is changing the paradigm in cybersecurity by aligning economic incentives with its customers. Unlike a traditional cybersecurity company, Coalition shares its customer’s incentives to prevent and mitigate losses.

“Coalition is more than just an insurance solution,” said Joshua Motta, CEO of Coalition. “Our expansion into Canada will give us greater visibility into cyber losses, and even more resources to combat cybercrime, on a global basis.”

For more information, visit coalitioninc.ca.

About Coalition
Coalition is the leading provider of cyber insurance and security, combining comprehensive insurance and proactive cybersecurity tools to help businesses manage and mitigate cyber risk. Backed by leading global insurers Swiss Re Corporate Solutions, Lloyd’s of London, and Argo Group, Coalition provides companies with up to USD $15 million of cyber and technology insurance coverage in all 50 states and the District of Columbia, as well as CAD $20M of coverage across all 10 provinces in Canada. Coalition’s cyber risk management platform provides automated security alerts, threat intelligence, expert guidance, and cybersecurity tools to help businesses remain resilient in the face of cyber attacks. Headquartered in San Francisco, Coalition has presences in New York, Los Angeles, Chicago, Dallas, Washington DC, Miami, Atlanta, Denver, Austin, and now Vancouver and Toronto.

SOURCE Coalition

Related Links

http://coalitioninc.ca

 

Six months after cyberattack, LifeLabs says it has appointed a CISO and rolled out new security policies

Six months after cyberattack, LifeLabs says it has appointed a CISO and rolled out new security policies

ITworld Canada

Half a year after suffering arguably the worst data breach in Canadian history, LifeLabs provided its customers with an update on what it’s doing to make sure history isn’t repeated.

In an email obtained by IT World Canada, LifeLabs chief executive officer Charles Brown released a statement to customers on June 11, noting “I cannot change what happened, but I assure you that I have made every effort toward making change to provide you services you can trust.”

Here is the list of changes LifeLabs is introducing, according to the email:

Part of an email from June 11 sent to LifeLabs customers. According to his LinkedIn profile, LifeLabs’ former senior IT manager was appointed to be the CISO last December.

Brown also wrote that the breach delivered LifeLabs a stern reminder that “we must continuously work to protect ourselves against cybercrime” and that “data protection and privacy are now central to everything we do.”

The update from LifeLabs comes on the heels of a report from data protection company Veritas that says public consumers are seeking apologies, fines and even prison sentences for CEOs who fail to protect their businesses. Forty per cent of consumers hold business leaders personally responsible for ransomware attacks businesses suffer, according to the Veritas survey, which interviewed roughly 12,000 consumers. Thirty per cent would demand the CEO be banned from running a company if it suffered a cyberattack. Twenty-three per cent of those surveyed want to send CEOs to prison for mishandling data.

And despite nearly 90 per cent of respondents in a recent survey conducted by The Office of the Privacy Commissioner of Canada (OPC) saying customer privacy is an important corporate objective, only 60 per cent of those businesses say they have procedures in place to respond to customers’ requests to access their personal information.

Source: IT World Canada

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