[ISN] Risk to Canadian economy seen from hacker attacks

From: InfoSec News <alerts_at_private>
Date: Fri, 8 Jun 2012 02:53:59 -0500 (CDT)
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2012/06/06/MNPQ1OTO3J.DTL

Bloomberg
June 7, 2012

Ottawa -- Cyber attacks pose a greater risk to Canada's economy than the 
government previously believed, and the country lacks the tools to fight 
hackers, officials warn in internal documents obtained by Bloomberg 
News.

"All new knowledge obtained indicates the problem is more widespread 
than previously thought," said a memo stamped "secret"and sent to Public 
Safety Minister Vic Toews from his deputy minister. It was obtained 
under Canada's freedom-of-information law.

Canada is trying to bolster its defenses as countries deploy 
increasingly advanced technology to disrupt their enemies' networks and 
gain access to trade secrets. Some of Canada's biggest companies, such 
as Potash Corp. of Saskatchewan and Nortel Networks, have been targeted.

Poor security against cyber attacks "is increasingly recognized as 
impacting not just national security, but also public safety and 
economic prosperity through growing cyber crime and loss of intellectual 
property," states the August 2011 memo to Toews from deputy William 
Baker, who retired in April.

[...]


--
We're in a bit of a budget crunch,
Help InfoSec News with a Donation
http://www.infosecnews.org/donate.html
Received on Fri Jun 08 2012 - 00:53:59 PDT

This archive was generated by hypermail 2.2.0 : Fri Jun 08 2012 - 00:45:11 PDT