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Identity Theft the Biggest Threat in Health Care Cyber Attack, says Privacy Commissioner – VOCM

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3 years ago

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The province’s Privacy Commissioner says the biggest threat stemming from the cyber attack on the province’s health care system is identity theft.

The privacy of potentially thousands of health care staff and patients may have been compromised as Health Minister John Haggie says some personal information and personal health information has been accessed from the system.

Michael Harvey says we need to assume the attackers have personal information, and with the amount of information they have, they could potentially create an identity and use it to access someone’s banking information, or get a loan, exposing people to financial risk.

He insists that people need to be aware and vigilant.

Harvey explains that people should keep an eye on their banking information for unusual activity; contact credit rating agencies to see if credit has been effected; keep an eye out for unusual mail, emails or text messages; and otherwise, practice good “internet hygiene.”

The Privacy Commissioner says at the same time, government needs to do a variety of things such as providing credit monitoring services to the employees of the regional health authorities for the foreseeable future.

Harvey is concerned about the extent of the attack, stating that it is the largest in the province’s history, and among the largest in Canadian history. However, he says these attacks are no longer unusual.

He says these attacks are happening everyday around the world. Harvey believes it needs to be a key national priority for the federal government, and all provinces and territories together, to recognize cyber attacks as a significant risk to our way of life in Canada.

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Restaurant Brands reports US$357M Q3 net income, down from US$364M a year ago

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7 hours ago

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November 5, 2024

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TORONTO – Restaurant Brands International Inc. reported net income of US$357 million for its third quarter, down from US$364 million in the same quarter last year.

The company, which keeps its books in U.S. dollars, says its profit amounted to 79 cents US per diluted share for the quarter ended Sept. 30 compared with 79 cents US per diluted share a year earlier.

Revenue for the parent company of Tim Hortons, Burger King, Popeyes and Firehouse Subs, totalled US$2.29 billion, up from US$1.84 billion in the same quarter last year.

Consolidated comparable sales were up 0.3 per cent.

On an adjusted basis, Restaurant Brands says it earned 93 cents US per diluted share in its latest quarter, up from an adjusted profit of 90 cents US per diluted share a year earlier.

The average analyst estimate had been for a profit of 95 cents US per share, according to LSEG Data & Analytics.

This report by The Canadian Press was first published Nov. 5, 2024.

Companies in this story: (TSX:QSR)

The Canadian Press. All rights reserved.

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Electric and gas utility Fortis reports $420M Q3 profit, up from $394M a year ago

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8 hours ago

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November 5, 2024

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ST. JOHN’S, N.L. – Fortis Inc. reported a third-quarter profit of $420 million, up from $394 million in the same quarter last year.

The electric and gas utility says the profit amounted to 85 cents per share for the quarter ended Sept. 30, up from 81 cents per share a year earlier.

Fortis says the increase was driven by rate base growth across its utilities, and strong earnings in Arizona largely reflecting new customer rates at Tucson Electric Power.

Revenue in the quarter totalled $2.77 billion, up from $2.72 billion in the same quarter last year.

On an adjusted basis, Fortis says it earned 85 cents per share in its latest quarter, up from an adjusted profit of 84 cents per share in the third quarter of 2023.

The average analyst estimate had been for a profit of 82 cents per share, according to LSEG Data & Analytics.

This report by The Canadian Press was first published Nov. 5, 2024.

Companies in this story: (TSX:FTS)

The Canadian Press. All rights reserved.

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Thomson Reuters reports Q3 profit down from year ago as revenue rises

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November 5, 2024

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TORONTO – Thomson Reuters reported its third-quarter profit fell compared with a year ago as its revenue rose eight per cent.

The company, which keeps its books in U.S. dollars, says it earned US$301 million or 67 cents US per diluted share for the quarter ended Sept. 30. The result compared with a profit of US$367 million or 80 cents US per diluted share in the same quarter a year earlier.

Revenue for the quarter totalled US$1.72 billion, up from US$1.59 billion a year earlier.

In its outlook, Thomson Reuters says it now expects organic revenue growth of 7.0 per cent for its full year, up from earlier expectations for growth of 6.5 per cent.

On an adjusted basis, Thomson Reuters says it earned 80 cents US per share in its latest quarter, down from an adjusted profit of 82 cents US per share in the same quarter last year.

The average analyst estimate had been for a profit of 76 cents US per share, according to LSEG Data & Analytics.

This report by The Canadian Press was first published Nov. 5, 2024.

Companies in this story: (TSX:TRI)

The Canadian Press. All rights reserved.

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