Cyber-attacks can have devastating financial and reputational effects on any business. Ponemon Institute LLC's 2015 Cost of Data Breach Study: Canada indicates that the average cost of a data breach in Canada is C$5.32-million.

As part of Cybersecurity Awareness Month, we are featuring a series of relevant content for your business and legal needs on Blakes Business Class. Attached is an infographic on cyber defences and a risk mitigation checklist that may be helpful in assessing your company's preparedness for a data breach.

Also, see the following articles:

Cybersecurity Risks: Directors and Officers Should Stop, Collaborate and Listen

Cybersecurity 2.0: What's Expected of Federally Regulated Financial Institutions

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.