Safeguard your online life and digital assets.
It’s never been more critical to protect your business and personal data from the growing threat of cyber attacks.
Cyber attacks are complex, costly and more common than you think.
As our professional and personal lives have shifted online, the risks of cyber attacks and digital threats are increasing, making everyone a potential target.
Protection goes beyond using strong passwords and avoiding suspicious links. Cyber insurance provides an extra layer of security, helping you recover quickly if an attack happens.
Cyber attacks can have devastating financial consequences.
Cyber incidents, such as phishing email or text scams, are so common that you probably receive them daily. The rise of cyber threats like these is part of a growing global cybercrime crisis that is expected to cost the world $10.5 trillion a year by 2025.
Not only are the frequency of cyber incidents increasing but the types of threats are becoming more sophisticated and costly. That means it’s easier than ever to be caught off guard – and if you are a victim of a cyber attack, the cost of recovery can be significant.
$1.2 Billion
Total spent by Canadian businesses on recovery costs related to cyber
$10.5 Trillion
Estimated global cost of cybercrime by 2025 [Cybercrime]
$100,000
Minimum cost of a cyber attack reported by Canadian small businesses [IBC]
Top cyber security threats in Canada
Cybercriminals are constantly evolving their tactics, making it harder to recognize and defend against online threats. Whether through deceptive emails, malware, or data breaches, Canadians are facing an increasing number of cyber risks.
Here are the top cyber security threats affecting Canadians today:
For Businesses
- Ransomware Attacks
- Phishing, SMSishing and Vishing
- Denial of Service Attacks
- Business Email Compromise (BEC)
- Password Cracking
- Malware
- Data Breaches
- DNS Attacks
- Online Scams and Fraud
- Identity Theft
For Individuals and Families
- Malware Attacks
- Phishing, SMSishing and Vishing
- Text Scams
- Personal Email Compromise
- Social Media Hacks or Takeovers
- Online Fraud
- Identity Theft
- Cyberbullying
- Cyber Extortion
- Romance Scams
Real-life cyber insurance success stories
If you’re still not sure if cyber insurance is right for you or your small business, read our real-life cyber scenarios where a cyber insurance policy helped individuals prevent and recover from digital scams:
The Hijacked Wellness Studio
Hackers locked a thriving wellness studio out of their Instagram, demanding $10,000. With 10K+ followers and no website, their business faced deletion in 3 days. (READ MORE)
A Royal Cyber Scam
An owner of a luxury consignment, was tricked by an online scammer posing as royalty. Stressed and distracted, she sent $7,500 before realizing it was a fraud. (READ MORE)
Mindfulness Over Malware
An online therapy provider found a vulnerable server during a routine scan. With help from their insurer, they removed the threat—avoiding a major cyber attack. (READ MORE)