Why are ransomware attacks on the rise in Canada? What should businesses across the country be aware of?

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Scott Tkachuk started at 365 Technologies, Inc., in January 2021 as the Network Administrator, after he graduated from Red River College.

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There are no global boundaries when it comes to ransomware. The same types of ransomware that can impact healthcare facilities, meat companies, pipelines, etc. in the United States can also impact facilities and businesses in Canada.

In this post, we highlight why Canadian companies are vulnerable to cyber attacks and why 365 Technologies' cybersecurity solutions ensure your company's networks are protected.  

The latest major ransomware attack occurred in May 2021, in the United States. It took down the largest gasoline pipeline — Colonial Pipeline, spiking fuel prices and causing nationwide panic.

Corporate data breaches are on the increase, and the damage lies in how easy it is for hackers to steal usernames and password combinations.