Careful attention to government statements and legislation is required to get a handle on the level of risk British Columbians’ information is under, as investigators probe multiple breaches under a continued barrage of attacks.
Government sources have confirmed to CTV News that various government ministries and agencies, along with their associated websites, networks, and servers, face approximately 1.5 billion “unauthorized access” or hacking attempts daily. That represents an increase over the last few years, and explains why the province adds millions of dollars per year to its cybersecurity budget.
Public Safety Minister, Mike Farnworth, sought to reassure the public that “there’s no evidence at this point that any sensitive personal information was accessed” and was adamant that no ransom demands have been made yet. He confirmed police and federal agencies are involved.
But Wednesday’s late-afternoon statement from the premier’s office acknowledging the provincial IT infrastructure had been compromised, a week after CTV News was first to report public employees began receiving urgent bulletins to immediately change their passwords, includes important clues.
It notes “sophisticated cybersecurity incidents,” plural and that government has notified the Office of the Information and Privacy Commissioner. The OIPC declined our interview request and referred us to provincial legislation requiring public bodies to notify his office when there are privacy breaches that “could reasonably be expected to result in significant harm” to physical well-being, reputation, finances, employment, or property.
While Opposition Leader, Kevin Falcon, blasted the government for withholding notification of the attack for at least a week, and doing so an hour before a highly-anticipated Canucks playoff game, one expert is siding with Farnworth’s insistence that delay was necessary.
University of British Columbia associate professor, Thomas Pasquier, specializes in cybersecurity investigations and agrees with government technology experts and third-party advisors who prioritized securing the networks and finding where the breaches were successful.
“It’s important to understand the source and understand what has been done after the initial compromise and how it propagated,” he said. “It could be multiple things, including a phishing attack or a misconfigured database and an attacker got access.”
The federal Communications Security Establishment, which oversees the Canadian Centre for Cyber Security, confirms: “we are working with officials in British Columbia to support their efforts to mitigate the incident” but wouldn’t provide further details. In their email statement they emphasized “cyber threats remain a persistent threat to Canadian organizations, as well as critical infrastructure owners and operators.”
Pasquier urged the government to provide more transparency, but also speculated “the attack may be still ongoing and the investigation is not clear, potentially, about the exact source and the exact extent of the compromise.”
ST. JOHN’S, N.L. – Suncor Energy has been fined $90,000 after pleading guilty to two charges stemming from a worker injury in 2019 aboard its production vessel in an oilfield off the coast of Newfoundland.
In a news release Thursday, the province’s offshore oil regular said the company must also give $20,000 to the College of the North Atlantic’s health and safety management program.
The Canada-Newfoundland and Labrador Offshore Petroleum Board says Calgary-based Suncor pleaded guilty on Sept. 5 for failing to ensure the safety of its employees and failing to ensure its employees wore a safety harness attached to a lifeline while inside a confined space.
The board says a worker fell 7.6 metres from a safety ladder while testing for hydrogen sulfide in a ballast tank on the floating production and storage vessel in the Terra Nova offshore oilfield.
An agreed statement of facts says two emergency response workers then went into the tank to tend to the fallen man, and they were not wearing gas masks.
Suncor Energy is the majority owner of the Terra Nova oilfield, and it reported net earnings of $1.57 billion in the second quarter of this year.
This report by The Canadian Press was first published Sept. 17, 2024.
Toronto-Dominion Bank has named new co-heads of its U.S. commercial banking business.
TD says Andy Bregenzer and Jill Gateman will jointly lead the operations.
The bank says the appointments follow the announcement earlier this year of Chris Giamo’s retirement.
Bregenzer will focus on leading all aspects of the regional commercial bank, including small business.
Gateman will lead TD’s national commercial banking effort in the U.S., including middle market, sponsor-backed finance and TD’s other specialty lending lines of business.
TD, which is working to resolve investigations into failures in its anti-money laundering program in the U.S., announced last week that chief executive Bharat Masrani would retire next year and be replaced by Raymond Chun.
This report by The Canadian Press was first published Sept. 26, 2024.
MONTREAL – Lightspeed Commerce Inc. says it is conducting a review of its business and operations including talks relating to a range of potential strategic alternatives.
The Montreal-based payments technology company made the comments after reports concerning a potential transaction involving the company.
Lightspeed says it periodically undertakes a review of its business and operations with a view of realizing its full potential.
A strategic review is often seen by investors as a prelude to a sale by a company.
Lightspeed says its board of directors is committed to acting in the best interests of the company and its stakeholders.
Company founder Dax Dasilva returned to the role of chief executive officer earlier this year and has been working to return the company to profitability.
This report by The Canadian Press was first published Sept. 26, 2024.
