Suncor cyberattack likely to cost energy firm millions of dollars: expert | Globalnews.ca

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The cyberattack affected many of Suncor’s Petro-Canada sites across the country over the weekend, and many remain unable to accept credit or debit payments.

Jon Ferguson of the Canadian Internet Registration Authority says the type and scale of the cyberattack currently affecting the Calgary-basedBut Ferguson says companies who fall victim to cyber crime face extensive costs to clean up the damage _ everything from possible ransomware payments to the hiring of lawyers, data breach coaches and third-party IT experts.

Ferguson says the cost of the breach will also include lost revenue as a result of customers who choose to fill up elsewhere, as well as reputational damage to Suncor’s brand.

 

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