Home Breadcrumb caret Economy Breadcrumb caret Economic Indicators Breadcrumb caret Industry Breadcrumb caret Industry News Canadian companies at risk from Russia cyberattacks in retaliation for sanctions Financial, energy and telecom sectors are being monitored for potential threats By The Canadian Press | February 25, 2022 | Last updated on February 25, 2022 1 min read A cybersecurity expert says Canadian businesses are at risk of being targeted for online attacks if Russia chooses to retaliate against government sanctions. Karim Hijazi, founder and CEO of Texas-based cyberintelligence firm Prevailion, says that Canadian companies could be victims of bad actors trying to compromise critical infrastructure and government entities. He says this could be the likely approach because government, critical infrastructure and the private sector are so intertwined and subject to easy access. Hijazi also says that damaging malware Russia would activate is already in Canada. A spokesperson from the Communications Security Establishment (CSE) said in an email that the federal government agency is watching for cyberthreats directed at financial, energy and telecommunications sectors. The CSE encourages all of Canada’s critical infrastructure sectors to monitor increased cyberthreat activity. The Canadian Press The Canadian Press is a national news agency headquartered in Toronto and founded in 1917. Save Stroke 1 Print Group 8 Share LI logo