Category Archives: IT World Canada

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Inadequate ID authentication blamed for 2020 data thefts at Canada Revenue, ESDC

The theft of tax and employment records of 48,000 of Canadians four years ago was the fault of poor IT authentication security, says the country’s privacy commissioner. Attackers employed credential stuffing using previously stolen usernames and passwords to get into the IT systems of the Canada Revenue Agency (CRA) and Employment and Social Development Canada […]

Slack ads AI to increase productivity and crush information overload: Hashtag Trending, Thursday, February 15, 2024

Slack adds AI features to combat information overload, Akamai bets on edge computing to compete with the giant public cloud players. Google uses AI to launch a devastating attack on fake reviews, an update on our Mozilla story and AI is used to have the voices of victims lobbying legislators. All this and more on […]

Breaking news: Cisco to cut roughly 4,250 from its payroll

Cisco late this afternoon released its second quarter results, as well as announcing a reduction of its payroll by five per cent, which in terms of head count means an estimated 4,250  employees will be receiving termination notices. According to a Reuters report, the company “lowered its annual revenue target as (it) navigates a tough […]

EY Canada, Microsoft launch climate stress testing initiative for FIs

Consulting and accounting firm EY Canada today launched the EY Climate Stress Testing and Scenario Analysis solution, a service running on Microsoft Azure which it said is designed to help safeguard Canada’s financial sector against the impacts of climate change. Mario Schlener, EY Canada risk consulting leader, said a key reason for the system’s development […]

NRC announces funding for quantum collaborations

The National Research Council of Canada (NRC) today announced that 11 Canadian companies have been selected to receive funding to collaborate on projects with partners in the U.K., following a joint Canada-U.K. call for proposals by the NRC and UK Research and Innovation (UKRI). The projects, NRC said in a release, “focus on developing real-world […]