Cyber attacks on Canadian companies starting to ‘explode’, says president of cybersecurity firm

Canadian companies are facing an increasing number of cyber attacks, says Travis Reese, president of the U.S. cybersecurity firm FireEye Inc. — and for him, that’s an opportunity. In an interview at the company’s Toronto office, Reese said he expects FireEye’s business in Canada to grow 30 per cent this year and double annually for several years after that. That’s because Canadian businesses and governments are starting to come on the radar of the world’s biggest cyber criminals, with data thefts and extortion attempts on the rise. -- More...