Report: Cybersecurity is the Achilles’ heel of Canadian tech businesses


The report surveyed 476 decision-makers at Canadian companies and found that while many were taking cybersecurity seriously, 25 per cent of businesses had no recovery plan in place in the event of a data breach. (BetaKit)

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Talking point: The concern from Canadian tech companies is warranted, as several high-profile tech companies face backlash for their own cybersecurity and privacy issues. Last week, a bug in Apple’s FaceTime application allowed callers to listen in on the audio of the person they were calling, while Facebook’s Research app was removed from the Apple Store for harvesting data and phone activity of users. One of the most alarming findings of this report: 57 per cent of companies owned confidential client information; of them, nearly four in five had already experienced a cyber attack. Nearly half said they would not inform their clients of a breach.