“Back at home in Canada, national security agencies are battling against malicious cyber campaigns looking to exploit the pandemic by mimicking Canadian government websites in phishing attempts, among other tactics. Government officials have warned consumers and businesses about COVID-19 related cyber scams and cyberattacks, including text messaging scams, robocalls, and phishing emails, which attempt to impersonate the Canada Revenue Agency or other government bodies and trick people into providing personal information.
…This cyber risk landscape is further compounded by the fact that companies are increasingly using email for communication for more mundane items. This would include senior executives directing their bookkeeping or accounting staff, or anyone else with payment authorization to go ahead and process those things because they still need those to ensure the continuation of the business, explained Kevin Lea (pictured).”
View the full article on Insurance Business Canada here.