The Terrifying Rise of Ransomware Gangs
Given deficiencies in reporting, tracking and investigating cyberincidents, Canada is poised to be victimized time and time again without even knowing where the attacks are coming from, who’s behind them and how they got in. The rise in cybercrime could have deep economic consequences, says Watson. Imagine an auto plant in Ontario forced to halt production overnight, or an attack on a utility like Hydro Quebec (which has been attacked in the past), shutting down power as well as jeopardizing its power-supply contracts in the U.S., a major source of revenue for the Quebec government.