Close X
Wednesday, September 25, 2024
ADVT 
National

Study Finds Dozens Of Canadian Firms Have Paid Ransoms To Regain Control Of Data

Darpan News Desk The Canadian Press, 03 Aug, 2016 12:11 PM
    TORONTO — A new report has revealed dozens of Canadian organizations were forced to pay attackers over the past year to regain access to computer files and IT systems infected with ransomware.
     
    The finding is part of an international study conducted on behalf of a Silicon Valley company that fights ransomware, which typically locks legitimate users out of a system and sends a message requiring a payment to get a software code or key.
     
    The Osterman Research study published by Malwarebytes found 44 of the 125 Canadian respondents, all of whom were anonymous, reported having a ransomware attack on their organization in the previous 12 months.
     
    A majority of the victims, 33 of the respondents, said they'd paid ransoms with costs ranging from $1,000 to $50,000.
     
    They study also found 11 of the 44 organizations targeted by ransomware had to shut down their business for a time to deal with the attack and devote an average of nine person-hours to recover.
     
     
    Five of the victim respondents, all identified as working in the health-care industry, said they believed lives were at risk.
     
    "The decision to pay, especially in Canada, is directly linked to the risk of businesses getting shutdown and lives being lost as a result of a ransomware attack," Jerome Segura, a Malwarebytes analyst, said in an email exchange.
     
    "Results from the survey show that health care is one of the most targeted industries among those affected by ransomware.
     
    "Nowadays, most patients' records are digital and access to those is required for treatment procedures. Obviously, the equipment used by medical facilities is also dependent on data stored on computers."
     
    The Canadian findings were part of an international study of a total of 540 people in four countries — Canada, the United States, the United Kingdom and Germany — who are employed as chief information officer, chief information security officer or information technology director. An advance copy was provided to The Canadian Press and released generally on Wednesday.
     
    Surveys of such small samples aren't considered statistically accurate enough to make precise comparison. However, Malwarebytes concludes that firms in Canada were the most likely to indicate they'd paid ransom demands once infected.

    MORE National ARTICLES

    Calgary Explores Hosting Winter Olympics A Second Time, Eyes 2026 Games

    City council voted Monday to spend up to $5 million on an exploration committee to study a possible bid for the 2026 Winter Games.

    Calgary Explores Hosting Winter Olympics A Second Time, Eyes 2026 Games

    Toronto Man Convicted In Child Porn Case Alleges Abuse In Custody, Asks For Stay

    TORONTO — A man found guilty of making and distributing child pornography is asking for a stay of his conviction after alleging he was abused while in custody.

    Toronto Man Convicted In Child Porn Case Alleges Abuse In Custody, Asks For Stay

    Five Things To Know About The Canada Pension Plan And Its Expansion

    Five Things To Know About The Canada Pension Plan And Its Expansion
    In several decades, supporters say the "historic" CPP deal reached Monday between Ottawa and most provinces will boost retirement security for future generations. 

    Five Things To Know About The Canada Pension Plan And Its Expansion

    Declining Number Of Foster Parents Across Canada Is Becoming A Crisis

      On Prince Edward Island, there are just 60 foster homes for about 225 children in care.

    Declining Number Of Foster Parents Across Canada Is Becoming A Crisis

    Saskatchewan Feared 'Less Palatable' Options In Agreeing To CPP Reform

    Saskatchewan Feared 'Less Palatable' Options In Agreeing To CPP Reform
    The federal government reached an agreement with most of the provinces Monday to revamp the program for the first time in nearly two decades.

    Saskatchewan Feared 'Less Palatable' Options In Agreeing To CPP Reform

    Medical Rescue Plane On Way To South Pole To Pick Up Sick Worker From Station

    Medical Rescue Plane On Way To South Pole To Pick Up Sick Worker From Station
    The National Science Foundation says one of two Twin Otters owned by Calgary-based Kenn Borek Air was expected to arrive Tuesday at 5 p.m. ET.

    Medical Rescue Plane On Way To South Pole To Pick Up Sick Worker From Station