Former Premier of Ontario Mike Harris joins Above Security Board of Directors

Joining the cause of helping to protect Canadian businesses from the growing threat posed by cyberespionage and electronic fraud

TORONTO, May 18 /CNW Telbec/ - Former Ontario Premier Mike Harris announced today that he is joining the Board of Directors of Above Security, an internationally-renowned Canadian-based cybersecurity company.

In 2010, for the first time, major international corporations reported higher fraud losses from electronic theft of data, rather than physical stealing of assets, and this trend is continuing to rise rapidly. According to a recent, secret, Harper government memo, over 86% of Canadian businesses have been the victim of cyberespionage, with the average cost of a data breach event reaching its highest level ever of $7.2 million per incidence in 2010. While internal fraud and negligence used to be the leading cause of data breach events, malicious external attack is now taking center stage, with the incidence of malicious attacks tripling in just the past three years.  Above Security provides its cloud-based, enterprise-class "security as a service" ArkAngel solution as a simple, yet sophisticated defense to its fast growing client base in 22 countries around the world.

"The need to help protect Canadian businesses and consumers from the growing threat posed by cyber-attack is the reason I was attracted to join Above Security", explained Mr.  Harris, working from the law offices of Cassels Brock, "More than just that, as the recent hacking attempts from servers located in China targeting the Canadian Treasury Board, governments need to be paying more attention to their own systems to protect Canadian citizens' right to privacy. Above Security, in my opinion, is one of Canada's best kept secret weapons in this fight."

Above Security provides fully outsourced cybersecurity surveillance and professional services and has a wide range of international clients including the Canadian Payments Association, Pan Caribbean, First Citizens Bank (Trinidad & Tobago), and Loto Quebec as well as many of Canada's own government ministries. In the ever evolving cat-and-mouse game of cyber-attack, technology often sits center stage, but in the end security always comes down to people vs. people and that is the domain where Above Security excels.

"We're very excited Mr. Harris has accepted our invitation to join us," said Matthew Mather, Vice-President of Business Development at Above Security, "Mr. Harris will be a great asset to us as we move into the Ontario market."

About Above Security

Above Security is a leading specialist in cybersecurity with more than 10 years experience helping guard the networks of more than 250 leading private and government organizations in 22 countries from its worldwide operations centers in Montreal, Canada and sister site in Sierre, Switzerland. Customers include Canadian Payment Association, Pan Caribbean, First Citizens Bank (Trinidad & Tobago), Loto Quebec and many more. In addition to ArkAngel, its own proprietary managed surveillance solution for intrusion detection and prevention, Above Security provides a full suite of security services including penetration tests, vulnerability scans, forensic analysis, security architecture and configuration review, disaster recovery planning and more.  Above Security is an accredited member of FIRST (Forum of Incident Response and Security Teams), a certified Qualified Security Assessor (QSA) for Latin America and Canada and a globally certified Approved Scanning Vendor (ASV) for the Payment Card Industry Data Security Standard (PCI DSS).

For more information visit:  www.abovesecurity.com


SOURCE ABOVE SECURITY

For further information:

To arrange an interview, call Above Security Director of Marketing and Communications, Marisol Litalien, at 450-434-8060.

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