Cybercrime and Canadian businesses, 2017

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Release date: October 15, 2018
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Infographic: Cybercrime and Canadian businesses, 2017
Description: Cybercrime and Canadian businesses, 2017

Cybercrime and Canadian businesses, 2017

Businesses spent $14 billion to prevent, detect and recover from cyber security incidents

  • $8 billion on salaries for employees, consultants and contractors
  • $4 billion on cyber security software and related hardware
  • $2 billion on other cyber security measures

Reasons businesses invested in cyber security

  • 68% for protection of personal information
  • 41% for prevention of fraud and theft
  • 31% for prevention of loss of business operations
Cyber security incidents impacted 21% of all businesses and led to 23 hours of downtime on average
Business size Businesses impacted Downtime
Large (250 or more employees) 41% 29 hours
Medium (50 to 249 employees) 28% 24 hours
Small (10 to 49 employees) 19% 22 hours
Businesses experienced attempts by cyber criminals
  Businesses impacted
to steal money or demand ransom payment 38%
to gain access to unauthorized areas 26%
to steal personal or financial information 23%
to disrupt or deface the business or web presence 22%

Source : Canadian Survey of Cyber Security and Cybercrime, 2017.

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Published by authority of the Minister responsible for Statistics Canada.

© Her Majesty the Queen in Right of Canada as represented by the Minister of Industry, 2018

Use of this publication is governed by the Statistics Canada Open Licence Agreement.

Catalogue no. 11-627-M

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