This release coincides with Cyber Security Awareness Month, which is an internationally recognized campaign held each October to inform the public of the importance of cyber security.
Despite there being several high profile cyber security incidents disclosed publicly by Canadian businesses in 2019, about one-fifth (21%) of the overall Canadian business population reported being impacted by cyber security incidents, which was the same proportion as in 2017. Over two-fifths (43%) of large businesses (250 or more employees) were impacted by cyber security incidents in 2019, compared with 29% of medium-sized businesses (50 to 249 employees) and 18% of small businesses (10 to 49 employees).
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