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Cybercrime Set to Threaten Canada’s Security, Prosperity, Says Spy Agency

According to a report by the Communications Security Establishment (CSE), organized Cybercrime poses a threat to Canada's national security and economic prosperity. The CSE identified Russia and Iran as cybercrime safe havens where criminals can target Western nations. Ransomware attacks on critical infrastructure, such as hospitals and pipelines, are particularly profitable. The report also highlighted the resilience and innovation of cyber criminals. Official data shows that in 2022, there were 70,878 reports of cyber fraud in Canada, but the actual amount stolen could be much higher. Russian intelligence services and Tehran likely tolerate cybercrime activities.

The post Cybercrime Set to Threaten Canada’s Security, Prosperity, Says Spy Agency appeared first on Balanced News Summary.



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