Cybercrime Set to Threaten Canada’s Security, Prosperity, Says Spy Agency
Organized cybercrime is set to pose a threat to Canada's national security and economic prosperity over the next two years, a national intelligence agency said on Monday. In a report released Monday, the Communications Security Establishment (CSE) identified Russia and Iran as cybercrime safe havens where criminals can operate against Western targets. Ransomware attacks on critical infrastructure such as hospitals and pipelines can be particularly profitable, the report said. Cyber criminals continue to show resilience and an ability to innovate their business model, it said. "Organized cybercrime will very likely pose a threat to Canada's national security and economic prosperity over the next two years," said CSE, which is the Canadian equivalent of the U.S. National Security Agency. "Ransomware is almost certainly the most disruptive form of cybercrime facing Canada…