There is an urgent need to develop a resilient cybersecurity framework.
According to Gartner, worldwide spending on information security products and services has exceeded $124B in 2019, growing 8.7% over the $114B invested in 2018.
Canada loses 0.17% of its GDP to cybercrime, which is equivalent to $3.12 billion per year. From financial losses due to fraud, loss recovery, loss of business, to reputational damage, infrastructure, training, monitoring and the potential for a conviction for a PIPEDA compliance failure – Cyber-attacks cost everyone.
There is an urgent need to develop a resilient cybersecurity framework to mitigate risks. Creating a more secure and trustworthy digital environment is critical to ensure the opportunities of digitalization are fully realized.
CYBERSECURITY TORONTO 2020 will offer attendees the platform to explore and analyze components of a successful Cybersecurity strategy in order to future-proof their firms, including:
1. Cybersecurity Strategy and Growth in a Post-Digital Environment – Using emerging technologies to combat cybercrimes
2. Consumer Protection and Privacy & Consumer Protection – Navigating an uncertain environment of data protection and worldwide privacy laws
3. Guide to the Complex Implementation of Cybersecurity Technologies
4. Threat and Fraud Management – Better prepare and plan for a potential security incident
Cost of Canada’s annual loss due to cybercrime. Almost 0.2% of its GDP.