Cyber Criminals Launch Attacks against Businesses from Virtual Bases in Canada

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Cyber criminals launching attacks from Canada

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MONTREAL - Canada's clean reputation makes it a top destination for cyber criminals to launch global attacks on businesses, says a new study.

Instead of choosing Russia or China, some cyber criminals have been setting up servers with Canadian IP addresses for their attacks, says Websense's cybercrime report card on Canada.

"They know they can piggyback off the reputation within Canada," said Websense's Carl Leonard.

"Reputation is such a strong factor in this."

In 2012, Canada was the No. 3 country of choice for cyber criminals to set up virtual bases with advanced malware for corporate espionage, said the report, to be unveiled Wednesday at the SC Congress in Toronto, a conference on information security.

Websense said it's the first time it has released this metric for Canada. The United States was No. 1 and the Netherlands was the No. 2 choice in 2012.

Such an attack can cost a company about $3 million, including the loss of data, fixing the problem and potential damage to its brand, said Leonard, who is based in the United Kingdom and is a senior manager at the U.S. cyber security company.

And it's not always top employees like the CEOs and chief financial officers who are targets, said Leonard.

The computers of a company's administrative staff, its receptionist and information technology employees can be targeted as a means to steal corporate information. They may have access to customer lists, prices, passwords, network information and intellectual property, he said. …

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