Canadian Businesses Increase their Cyber Security Budgets

47% of Canadian businesses believe they are more ready for cyber threats than they were this time last year, according to a new report published by CDW Canada.

Daniel Reio, the director of product and partner management and marketing for CDW Canada, said he believes this may have to do with the increased risk of malware, which was listed as the top security concern (outside of just general security threats) with 24 per cent of those surveyed listing it as a top concern.

“The increase in malware threats over the last few years has heightened awareness, and it’s a positive sign to see organizations are ramping up their efforts with improved security budgets and greater planning,” said Reio in a press release.

In addition to malware, the top threats listed were data theft at 19 per cent and the safety of storing sensitive data in the cloud at 15 per cent.

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