Martello Technologies Group Inc. was recently named a recipient of the Employees’ Choice Awards 2018-19. This is the third time Martello has been recognized with this award, which is designed to identify, recognize and honour the best places of employment in the National Capital Region
This annual competition is organized by the Ottawa Business Journal, theOttawa Board of Trade and sponsored by Meldrum Horne & Associates. The recipient companies were celebrated at a cocktail awards reception on Thursday, December 6th at Marshes Golf Club. They will also be profiled in OBJ’s January 2019 issue. This survey and awards program was designed to identify, recognize and honour the best places of employment in the National Capital Region, benefiting the region’s economy, its work force and businesses. The Employee’s Choice Awards list is made up of a total of 10 companies.
As demonstrated in the Board of Trade’s recent report, “Skilled Labour Shortages, Immigrants and Hidden Talent,” 63 percent of respondents in the 2018 Ottawa Business Growth Survey reported that talent acquisition and retention is one of their most important business issues.
Organizations from across the region entered the survey process to determine the list of recipients. The survey process consisted of an employee survey to measure the employee experience. The scores determined the top organizations and the final ranking. Best Companies Group managed the overall registration, survey and analysis process and determined the final rankings.
For more information on the Employees’ Choice Awards program, visit www.employeeschoice.ca.
Trend Micro Survey Finds Nearly Half of Organizations Have Been Victims of BPC Attacks
Posted in Commentary with tags Trend Micro on December 8, 2018 by itnerdTrend Micro Incorporated has revealed that 43 percent of surveyed organizations have been impacted by a Business Process Compromise (BPC). Despite a high incidence of these types of attacks, 50 percent of management teams still don’t know what these attacks are or how their business would be impacted if they were victimized.
In a BPC attack, criminals look for loopholes in business processes, vulnerable systems and susceptible practices. Once a weakness has been identified, a part of the process is altered to benefit the attacker, without the enterprise or its client detecting the change. If victimized by this type of attack, 85 percent of businesses would be limited from offering at least one of their business lines.
Global security teams are not ignoring this risk, with 72 percent of respondents stating that BPC is a priority when developing and implementing their organization’s cybersecurity strategy. However, the lack of management awareness around this problem creates a cybersecurity knowledge gap that could leave organizations vulnerable to attack as businesses strive to transform and automate core processes to increase efficiency and competitivenessi.
The most common way for cybercriminals to infiltrate corporate networks is through a Business Email Compromise (BEC). This is a type of scam that targets email accounts of high-level employees related to finance or involved with wire transfer payments, either spoofing or compromising them through keyloggers or phishing attacks.
In Trend Micro’s survey, 61 percent of organizations said they could not afford to lose money from a BEC attack. However, according to the FBI, global losses due to BEC attacks continue to rise, reaching $12 billion earlier this year.
For more information on BPC and BEC attacks, read this Trend Micro Research report.
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