What is the most common reason for data breaches in Canadian companies

Data Breaches in Canadian Companies: The Shocking Truth

An illustration of a person clicking on a phishing link

Data breaches are a major concern for businesses of all sizes, and Canadian companies are not immune. In fact, a recent study by the Canadian Internet Registration Authority (CIRA) found that 60% of Canadian businesses have experienced a data breach in the past year.

The Most Common Reason for Data Breaches: Human Error

The most common reason for data breaches in Canadian companies is human error. This includes things like:

  • Employees clicking on phishing links
  • Employees using weak passwords
  • Employees losing or misplacing devices that contain sensitive data

In fact, human error is responsible for over 90% of data breaches. This means that the best way to protect your business from a data breach is to educate your employees about cybersecurity best practices.

Other Common Reasons for Data Breaches

While human error is the most common reason for data breaches, there are other factors that can contribute to a breach, such as:

  • Outdated software
  • Unpatched vulnerabilities
  • Poor security practices

It is important to take steps to address all of these factors in order to protect your business from a data breach.

How to Protect Your Business from a Data Breach

There are a number of things you can do to protect your business from a data breach, including:

  • Educate your employees about cybersecurity best practices
  • Keep your software up to date
  • Patch vulnerabilities as soon as they are discovered
  • Implement strong security practices
  • Use a reputable cybersecurity firm to help you assess your risks and develop a security plan

By taking these steps, you can significantly reduce your risk of experiencing a data breach.

Conclusion

Data breaches are a serious threat to businesses of all sizes. However, by taking steps to address the most common reasons for data breaches, you can significantly reduce your risk.

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