Cyber threats (still) loom for municipalities
Every new year seems to mark another ‘worst year ever’ for cyber crime. As municipalities continue to digitize and launch online services, new vulnerabilities are introduced that open the door for cyber attacks.
In 2021, there were more than 235 ransomware incidents in Canada. In recent months, Canadian public institutions have reported an increasing number of high-profile cyber attacks.
Municipalities are increasingly becoming targets for cyber criminals, primarily because their systems maintain large volumes of personal information about their residents (e.g., property tax information) and connect to the critical infrastructure they operate. When an attack succeeds, a municipality faces potentially devastating costs and other far-reaching consequences.
The average estimated cost of a data breach in Canada has reached $6.35 million. This includes costs related to business disruption, reputational damages, post-breach response activities, among many other things.
Ransomware is quickly becoming the most common form of cyber crime for municipalities. In a ransomware attack, a cyber criminal will employ numerous tactics to gain access to a victim’s network to control, encrypt, steal, expose or delete data until a ransom payment is made.
There are steps municipalities can take to ensure they are both prepared for and protected from cyber attacks. These include:
- Conducting risk assessment(s)
- Completing software updates, patching, and data backups
- Implementing foundational technologies, like identity-first and endpoint security
- Communicating cyber security policies and providing cyber security training to employees
- Partnering with a managed security services provider
To serve our members, Alberta Municipalities has partnered with Stratejm, Canada’s first provider of cloud-based managed cyber security-as-a-service.
Our partnership provides our members with access to leading cyber security services. Notably, Stratejm was recently named one of Canada’s most promising tech companies in 2022 by the CIO Review.
For more information on our managed cyber security services or how we can assist your organization, please learn more here or tech [at] abmunis.ca (contact us) today.