Media Release – Canadian Chamber of Commerce and CyberNB partner to help secure Canada’s digital economy
[The original media release from the Canadian Chamber of Commerce is available on their site: Canadian Chamber of Commerce and CyberNB partner to help secure Canada’s digital economy.]
OTTAWA – Today, the Canadian Chamber of Commerce announced its partnership with CyberNB to educate businesses on the importance of protecting their intellectual property and customers’ data through the Cyber Essentials Canada program. Canada is losing $3.13 billion per year to cybercrime, and with predictions of cybercrime increasing to $6 trillion by 2021, having a solution to this rapidly escalating issue is a necessity.
“CyberNB, a Special Operating Agency of Opportunities NB, is proud to be entering a partnership with Canadian Chamber of Commerce with the aim of further strengthening the cyber-hygiene of the Canadian business community through the continued strategic rollout of its Cyber Essentials Canada program,” said Stephen Lund, CEO of CyberNB and Opportunities NB. “The voluntary cybersecurity certification program helps companies address risk from the internet by providing a fully managed and accredited approach to monitoring and measuring essential security practices. It also serves as a competitive differentiator for companies that wish to demonstrate due diligence in protecting the security and privacy of their intellectual property and customers’ information.”
Cybercrime happens in every industry, affecting billions of people, causing massive financial loss, reputation damage and loss of trust. Increasingly, hackers are targeting small and medium enterprises. Seventy-seven per cent of small and medium businesses in Canada have been the victim of cybercrime, with 60% having to close their doors within six months of the attack.
“Larger organizations have systems and resources in place to help protect themselves from threats; however, that is not always the case for small and medium businesses, making them an easy target for hackers,” says Scott Smith, Senior Director of Intellectual Property & Innovation Policy at the Canadian Chamber of Commerce. “Having a set of best practices that can help Canadian small and medium businesses assess vulnerabilities and potential threats that is not only easy to use but also cost effective is a necessity.”
Cyber Essentials Canada is the only government-backed cybersecurity standard that organizations can be assessed and certified against. The system identifies the security controls an organization must have in place within its IT systems in order to have confidence it is addressing cybersecurity effectively and mitigating the risk from internet-based threats.
More information on the certification can be found here.
CyberNB was launched in 2016 by the Province of New Brunswick and is a Special Operating Agency of Opportunities NB. As Canada’s first comprehensive cybersecurity strategy and the only government mandated government organization dedicated to cybersecurity, CyberNB’s purpose-built strategy is focused on creating a safe and resilient internet for our citizens and businesses. We are laser-focused on skills and workforce development, R&D, protecting our critical infrastructure, innovation and building our world class ecosystem.
The Canadian Chamber of Commerce is the vital connection between business and the federal government. It helps shape public policy and decision-making to the benefit of businesses, communities and families across Canada with a network of over 450 chambers of commerce and boards of trade, representing 200,000 businesses of all sizes in all sectors of the economy and in all regions.
Communications and Marketing Officer
Canadian Chamber of Commerce
613 238-4000 ext. 2255
Director, Trust and Compliance, and Cyber Essentials Canada
CyberNB (A Special Operating Agency of Opportunities NB)