Canadians Also Affected by Massive Equifax Breach
Huge cyber breaches are becoming more and more common, with Equifax the latest company to have their clients’ personal details accessed through fraudulent activity.
According to an Insurance Business report, the breach exposed the personal data of 143 million Americans, along with 100,000 Canadians who had previously used the credit-checking company.
A CBC report, with info provided by Equifax Canada, said names, addresses, social insurance numbers and credit card numbers could have been hacked.
‘’Our brokers are asked about cyber coverage significantly more than even a year or two ago,’’ Lance Miller, CEO of Surex, said. ‘’It’s not just about getting cyber coverage; it’s making sure the cyber coverage you have encompasses and protects your entire business.’’
The Equifax breach joins the list of 2017 high profile breaches that include, and aren’t limited to: Bell (nearly 2 million people affected), Verizon (6 million people affected), the United Kingdom’s National Health Service and Chipotle.
While some small and medium sized business owners may feel an air of invincibility that an attack wouldn’t happen to them, the frequency and magnitude of the attacks should give pause to this train of thought.
‘’Canadian businesses need to realize it’s not ‘business as usual’ anymore,’’ Matthew Alston, COO of Surex, said. ‘’All industries are a target when it comes to cyber breaches. It’s not ‘if’ it’s ‘when’ your business will be hit.’’
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