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Small Businesses Struggle to Combat Rising Cybercrime in Canada

September 20, 2023 by Newsdesk

Cybercrime in Canada has surged by over 600% since the pandemic’s onset, disproportionately affecting small businesses.

A Mastercard survey reveals their struggle to invest in cybersecurity due to limited resources and a lack of expertise in recovery post-cyber attacks. Only a small fraction feel confident about recovery steps.

Mastercard aims to educate and empower small businesses through the Cybersecurity Academy and partnerships with organizations like CFIB. Rebuilding trust post-breach is vital, with data protection and transparency being key factors.

Mastercard invests in diverse entrepreneurs and cybersecurity initiatives to foster a secure digital economy.

Want to know more? Check out the source code on Newswire.ca.

Filed Under: News Tagged With: Mastercard

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