Canada Finance Department Assesses Cyberattack Risk

“Internal documents seen by reporters revealed concerns of a cyberattack that the Finance Department did not disclose publicly” reports Internal analysis at Canada’s federal Department of Finance is warning of the risk of a cyberattack that could have significant effects on the entity, reports in The Globe and Mail said on Wednesday (July 11).The document, prepared in February for Deputy Finance Minister Paul Rochon, includes a list of seven key risks ranked in terms of significance.The document also issued a strategy to mitigate these risks, an initiative that includes increased IT security and greater collaboration with Shared Services Canada, which provides the Canadian government’s central email and data management system.

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