Despite the fact that vast majority of businesses rely on digital technologies and services, majority of Canadian businesses concerned about their vulnerability to cybercrime.
According to CSoCC 85% of Canadian businesses reported that they were concerned about their vulnerability to future cyber security risks and threats, with 8% of businesses indicating that they were extremely concerned.
About 10% of Canadian businesses impacted by cyber security incidents reported the incidents to a police service in 2017. By far, banking institutions were the most likely to report an impactful incident to a police service (60%) followed by a quarter (25%) of businesses in the electric power generation, transmission and distribution sector and 24% of businesses in the pipeline transportation sector.
As result use of cyber security measures has grown since 2013, with anti-malware software in high use. On average, Canadian businesses spent $78,000 to prevent and detect cyber security incidents.
Source: Canadian Statistics