It’s no secret that cybercriminals like to exploit businesses when they’re at their highest vulnerability, and COVID-19 was no exception. To shed light on some of these challenges, VMware Carbon Black released its third cybersecurity threat report, entitled, “Extended Enterprise Under Threat,” based on a survey of 251 Canadian CIOs, CTOs and CISOs as part of its Global Threat Report series. The survey found that cyberattack frequency in Canada is at an unprecedented level and that attackers are employing a diverse range of tactics and techniques as they bid to extort, disrupt and infiltrate organizations.
The increase in both cyberattack volume and breaches during the past 12 months in Canada prompted increased investment in cyber defence, with businesses using an average of more than nine different cybersecurity tools. Additional findings from Canadian respondents include:
- 99% said attack volume has increased during the past 12 months.
- 100% said their business has suffered a security breach in the last 12 months. The average organization said they experienced 1.1 breaches during this time.
- 86% said attacks have become more sophisticated.
- 98% said they plan to increase cyber defence spending in the coming year.
- Web application attacks and OS vulnerabilities were the leading cause of breaches, followed by third party application attacks.
- Canadian companies said they are using an average of 9 different security technologies to manage their security program.
The latest research provides a clear picture of the current global cyberthreat landscape. Check out the infographic below to see how Canada compared to its global counterparts. For more information on the latest threat research, visit the VMware Carbon Black website.