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Tag: spending

Cybersecurity budgets fail to keep pace with intensifying threat landscape

INFRASTRUCTURE INCREASINGLY UNDER THREAT The Suncor attack reflects the accelerating vulnerability of organizations in the infrastructure space – see Colonial Pipeline and JBS Foods for earlier examples of high-profile ransomware events that resulted in widespread consumer impact. It also comes on the heels of a warning from the Canadian Centre for Cyber Security (CCCS) that the oil and gas sector is increasingly being targeted by opportunistic cybercriminals. Barely two months ago, the Globe & Mail newspaper reported on pro-Russian claims that...

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