Cyber Risk Score
Well done! You’re on the right track but cyber security isn’t set it and forget it.
Cyber security is constantly evolving with new threats being released every day. Without a proper cyber security practice in place to protect your business you are at risk of a data breach and possibly opening your organization up to financial and legal liabilities as well as loss of reputation with customers.
Did You Know?
- That 1 in 5 businesses in Canada were impacted by a cyber attack in 2017
- Canada has the highest direct costs from a cyber breach at $81USD per record. And the second highest indirect costs at $116USD per record.
- On November 1, 2018 the new Canadian Privacy Notification Rules came in to force. As a business owner if you suffer a cyber breach you must notify the Canadian Privacy Commissioner and all or your affected clients. Failure to do so will result in fines up to $100,000 per incident.
- 78% of clients would stop engaging with a brand online and 36% would stop engaging altogether if the brand had experienced a breach.
GAIN COMPETITIVE ADVANTAGE
By implementing a cyber security program you not only minimize your risk and protect your most critical data, but you can use it to gain competitive advantage over your competitors.