Ransomware Outbreak in Canada: Cybersecurity Meltdown

Canadians and Canadian organizations are increasingly falling victim to ransomware attacks. There was an emphasis placed on the urgency of addressing the cyber security issue by Sami Khoury, the president of the Canadian Centre for Cyber Security. The President said that the country has much to do to defend itself from outside threats. 

There used to be many ransomware attacks involving breaking into a system and taking control. However, Khoury notices most attackers have changed their tactics. This report indicates that ransomware attacks in the past had been primarily aimed at hacking into systems and asking for money in exchange for releasing the hacks that had been made. However, these attacks focus on hacking into systems and stealing data and sensitive information from them. This information can be sold on the dark web. The expert says that companies have increased sophistication and backups of their computer systems in case they get attacked or locked out.

This is the reason why attackers seek out information and data to profit financially.

According to the report, these types of incidents have become far too common. Khoury estimates that cybercrime is one of the greatest threats to the nation at present. 

According to the Ca

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