Written by 
Ty

Suncor Cyber Attack: A Wake-up Call for Calgary SMB’s

Published On 
June 27, 2023

In the digital age, where commerce, communication, and critical infrastructure rely heavily on technology, cybersecurity is no longer an optional luxury—it is a business necessity. A striking illustration of this fact emerged today when one of Calgary’s most prominent oil companies, Suncor Energy Inc., confirmed falling victim to a cyberattack.

According to a CBC report, the company acknowledged experiencing a “cybersecurity incident,” a breach of their digital defenses that left employees unable to access their accounts, affected transactions at Petro-Canada gas stations, and led to the temporary unavailability of the Petro-Points app and website. The breadth and severity of this cyberattack have put other Calgary businesses on high alert, drawing attention to the need for fortified digital security measures.

Understanding the gravity of this incident requires us to examine the nature and potential consequences of cyberattacks. Cyber threats take many forms, ranging from malware and ransomware to more targeted attacks seeking to exploit particular vulnerabilities in a company’s IT infrastructure. The perpetrators of these attacks are often motivated by financial gain or, in some cases, geopolitical objectives.

The attack on Suncor, for instance, could be compared to the Colonial Pipeline cyberattack in the United States last year, which caused significant disruption to the largest pipeline system for refined oil products in the country. These high-profile attacks not only cause immediate operational damage but also carry lasting impacts for the targeted companies and their associated industries.

Cybersecurity Measures: The Need for Endpoint Protection Platforms

With the persistent and evolving threat of cyberattacks, businesses must fortify their IT infrastructures against potential breaches. One of the most effective means of doing so is through the adoption of Endpoint Protection Platforms (EPP).

EPPs are comprehensive security solutions that provide a range of preventative and protective measures against digital threats. They can control and block software, scripts, and processes that might pose security risks, and can also detect and prevent threats through behavioral analysis of device activity, application, and user data.

In the event of an attack, EPPs also provide facilities to further investigate incidents, understand their implications, and guide remediation when exploits evade protection controls. An EPP is like having a digital security team on call 24/7, ready to tackle any potential threats before they can cause significant damage.

Advanced security solutions like Endpoint Protection Platforms are not reserved only for the big players in the industry. These high-tech defenses are indeed within reach for small and medium-sized businesses (SMBs). Tailored to fit businesses of all scales, Endpoint Protection Platforms offer comprehensive security, effectively safeguarding enterprises against cyber threats. They make possible real-time threat detection capabilities that can recognize malicious actions and patterns, effectively mitigating threats. Proper planning and prudent resource allocation can empower even the most budget-conscious businesses to leverage these critical security measures.

Making Essential Cybersecurity Tools Accessible for All, with No Extra Cost

At Lumitiv, we understand the importance of comprehensive, accessible cybersecurity. We firmly believe that the same tools we use to protect our company should be used by our clients. That’s why we deploy Endpoint Protection to all of our customers by default.

We don’t see cybersecurity as an add-on service, but rather as an integral part of doing business in today’s digital landscape. We believe that everyone deserves access to the tools and strategies that reduce the risk of business impact due to cyberattacks. We understand that every company’s needs and capabilities differ, and that’s why our approach is tailored to each client. We make it our mission to demystify cybersecurity, ensuring that businesses understand their risks and the protections available to them.

As cybersecurity threats continue to evolve and increase, we stand ready to help your business navigate the challenges of the digital age. We’re committed to ensuring that businesses of all sizes have the resources they need to protect themselves and their customers. Because, after all, in today’s interconnected world, cybersecurity isn’t just about protecting individual businesses – it’s about safeguarding our collective digital landscape.

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Lumitiv is an experienced Calgary based IT Support and Cyber Security provider with over 14 years on the job. We help simplify and guide businesses through the technical landscape.
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