This is one in a series of related short essays for 2015 about the unrelenting cyber stresses every person and every organization now faces. The first essay, Cyber Risk, Security & Privacy (CRSP) – Waterloo Region’s Vibrant New Business Cluster, appeared in the December, 2014 issue of The Triangle.
“We all have a role to play when it comes to cyber security.”
Steven Blaney, Minister of Public Safety and Emergency Preparedness[I]
The true extent of the cyber-privacy and cyber-security problems in Canada is not yet fully appreciated by the vast majority of Canadians and Canadian organizations. Take for example cyber ransom. Many have heard of it, but few think it will happen to them. The CBC’s David Common recently wrote: Ransomware victims pay cybercriminals to save family photos[ii]. He said:
“Theresa and Billy Niedermayer paid an $800 ransom to get precious family photos of their three young boys back from cybercriminals. Their home computer had been seized by one of the more malicious malware programs spreading fast around the world.”
What is reported in the media is just the tip of the iceberg. The vast majority of breaches are not reported. This is especially true of small businesses with fewer than 100 employees. People and companies generally do not want to publicize the fact that they were victimized by cybercrime. This is why C3RM was established in the Fall of 2013.
C3RM Founding Members and Mission
The original ten C3RM founding members include: ABEX Affiliated Brokers Exchange Inc., ATS Automation Tooling Systems, Crawford & Company (Canada) Inc., CDMN Canadian Digital Media Network, Ernst & Young, eSentire, Miller Thomson, Root Cellar Technologies, University of Waterloo, and Watsec Cyber Risk Management. Two recent additions are TrustPoint Innovation Technologies Ltd. and Galt Resources.[iii]
Looking deeper, C3RM’s web site says it is:
“… an association comprised of businesses, educational institutions, industry associations, and other stakeholders dedicated to improving cyber risk awareness, developing and strengthening cyber risk management technologies, programs and practices. C3RM is more than an IT Security organization; rather, it is a Cyber Risk Management organization which includes both IT Security and Risk Management practices, including addressing the human factors in managing risk. This includes all things related to managing the inherent risk of using electronic data storage, communication systems, the Internet, and interconnected infrastructure and computerized control systems.”.[iv]
The CRSP cluster in Waterloo Region includes many organizations which focus, at least in part, on building and delivering outstanding cyber-privacy and cyber-security products and services for local, national, and international consumption. C3RM is an important part of that cluster, with a mission to increase awareness of the problems all organizations in the CRSP cluster are tackling.
Next time we’ll look deeper into how C3RM and its member organizations are helping address cyber-privacy and cyber-security both locally and abroad.
[i] Steven Blaney, “Minister Blaney launches Cyber Security Awareness Month at cyber conference”, October 3, 2014, Minister Blaney launches Cyber Security Awareness Month at cyber conference.
[ii] David Common, “Ransomware victims pay cybercriminals to save family photos”, The CBC, March 11, 2015, Ransomware victims pay cybercriminals to save family photos.
[iii] Canadian Centre for Cyber Risk Management.
[iv] About C3RM.