Protecting Your Assets Against Cybercrime

Sep 23, 2019 | Frank Sakellariou


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With the number of cyber related incidents growing at an alarming rate, Cyber Security Awareness Month has become a global campaign held each October. The campaign is focused on educating businesses and individuals on the importance of cybersecurity. With the month of October quickly approaching we thought it would be appropriate to study the issue a little further.
 
According to statistics Canada, in 2017, there were more than 27,000 cyber related incidents reported. In the same year, a Campden Research study discovered that 38% of ultra-high-net worth families did not have a cybersecurity plan in place.
 
Hackers are getting smarter and are using sophisticated tactics to mine your personal information.
 
RBC has partnered with research firm Ipsos to study the threats of cybercrime and to understand the steps that individuals can take to protect themselves.
 
“Studies found that while 77 percent of Canadians believe they are knowledgeable on cyber security, only 16 percent could identify the majority of cyber terms correctly”
 
Are you doing enough to protect your business and your family against cybercrime? To learn more about what you can do we invite you to read the recently published RBC Wealth Management article by clicking on the following link: Cybersecurity: How high-net-worth households can protect themselves.
 
 
Disclaimer:
This information is not investment advice and should be used only in conjunction with a discussion with your RBC Dominion Securities Inc. Investment Advisor. This will ensure that your own circumstances have been considered properly and that action is taken on the latest available information. The information contained herein has been obtained from sources believed to be reliable at the time obtained but neither RBC Dominion Securities Inc. nor its employees, agents, or information suppliers can guarantee its accuracy or completeness. This report is not and under no circumstances is to be construed as an offer to sell or the solicitation of an offer to buy any securities. This report is furnished on the basis and understanding that neither RBC Dominion Securities Inc. nor its employees, agents, or information suppliers is to be under any responsibility or liability whatsoever in respect thereof. The inventories of RBC Dominion Securities Inc. may from time to time include securities mentioned herein. RBC Dominion Securities Inc.* and Royal Bank of Canada are separate corporate entities which are affiliated. *Member-Canadian Investor Protection Fund. RBC Dominion Securities Inc. is a member company of RBC Wealth Management, a business segment of Royal Bank of Canada. ® / TM Trademark(s) of Royal Bank of Canada. Used under license. © 2019 RBC Dominion Securities Inc. All rights reserved.

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