Spending on recovering from cyber security incidents soared to $1.2-billion in 2023

The new figures underline the increasingly costly battle that organizations face against cybercriminals who are becoming more and more sophisticated
Canadian companies spent $1.2-billion on recovery from cyberattacks last year, double what they shelled out two years earlier, according to the https://www150.statcan.gc.ca/n1/daily-quotidien/241021/dq241021a-eng.htmfrom Statistics Canada. The sharp increase in recovery spending [...]