ORGANIZATIONS PROTECTING AGAINST CYBER-CRIME - A
Roundtable Discussion -
A must read!
have come to terms with the threat of cyber-attacks that result in data breaches
and have put preventative measures in place to secure their information.
However, is enough being done to protect company data?
On August 25, Retail Council of Canada’s (RCC) national industry publication,
Canadian Retailer, and one of the association’s valued partners, TYCO
Integrated Security, assembled some of the brightest professionals in the
retail world who are currently dealing with the issue of data protection. Click
here to read the discussion.
The Roundtable was held in order to start dialogue that
speaks to the need for identifying the data that may be
at risk, which includes intellectual property, personal
information of individuals associated with the
organization, and credit information of customers. All
are targets of the cyber-criminal, and the group
discussed the preventative measures which can help
But there are rules that organizations ought to be
following including PIPEDA (Personal Information
Protection and Electronic Documents Act) which was
established to guide organizations concerning ways to
protect information, and PCI Compliance, the payment
card industries rules, which advises organizations
concerning ways to handle credit information.
Senior Director Loss Prevention, Aviation
and Business Continuity
Walmart Canada Corp.
Director, Security Strategy
Canada Post Corporation
Partner, Advisory Services
National Director, Loss Prevention
Director of Loss Prevention
Katz Group Canada Ltd./Rexall Pharma Plus
So how are the hackers still getting in
with all of these rules in place?
Much discussion took place, but the bottom line is that
the answer may lie beyond compliance. And to that
degree, the methodology behind enterprise risk
management would be the first step in addressing an
organization’s vulnerability. Once all of the risks are
identified, the mitigation strategy is critical,
resources available to implement preventative measure
crucial, and buy in from the top essential.
The group was also joined by a cyber-crime expert from
KPMG who talked about the web, but not just any web—the
deep web, which lies beneath the surface of every day
common Internet use, and the one where the organized
criminals openly discuss targets, and buy and sell
The conversation was a fruitful one and provoked thought
among its participants. I hope you and your teams find
the dialogue equally interesting and I’ll
forward to hearing your feedback about the topics
here to read the whole discussion.
Retail Council of Canada
Canadian retailers bet on technology in fight with U.S. giants - Here comes
online fraud and more e-commerce LP jobs! Companies have ramped up
their efforts to address consumers' evolving shopping habits and to compete with
rivals such as Wal-Mart, which is pouring more than C$30 million ($27.4 million)
into Canadian e-commerce projects this year. "There is now a real, 'Oh, my God,
we have to play catch-up really fast,' because there's this threat of all these
U.S. retailers increasing their dominance in the Canadian market," said
Forrester Research analyst Peter Sheldon. Online retail sales in Canada are
expected to reach C$34 billion by 2018, according to Forrester, representing
about 10 percent of retail transactions, up from 7 percent in 2013.
U.S. retailer Yankee Candle to open 50+ stores across Canada
Langley pair arrested for massive fraud operation; value of items seized runs
into six figures Two men from Langley have been arrested and thousands
of dollars of items seized after several police agencies teamed up. The charges
will even include a data breach of PharmaNet. On July 17, the RCMP "E" Division
Federal Serious and Organized Crime Section (FSOC), with the assistance of
Langley RCMP, the Lower Mainland Emergency Response Team and the Integrated
Forensic Identification Section, executed a search warrant at a north Langley
residence during an investigation of several large fraudulent transactions. The
FSOC investigation was initiated in June 2014 after a common suspect was
identified through Abbotsford Police, Victoria Police and Burnaby RCMP
investigations. As a result of the search warrant, police seized: in excess of
$100,000 worth of construction, excavation and lawn equipment, over 13,000
credit card numbers, personal identity information for many individuals who had
no association to the residence, counterfeit government identity documents in
various stages of manufacture, equipment required to manufacture counterfeit
documents and a Canada Post uniform. (Source
Organized crime-ring disrupted, 29 people charged after raids
RCMP say an organized crime ring in New Brunswick has been disrupted, after
police agencies conducted numerous simultaneous searches across the southern
part of the province on Wednesday. Drugs, firearms and cash were seized during
the raids at homes and businesses in eight New Brunswick communities, RCMP said.
Twenty-nine people are facing charges as a result of the ongoing investigation
into organized crime and drugs, dubbed Operation J-Tornado, that now spans three