C-Suite Quarterly Survey: Canada’s Foremost CEOs Assess Threat of Cyber-Attacks, Canadian Trade with China, and Canada’s Economy

— October 20, 2014

To tweet this release: http://bmpr.ca/1CxYtl7

 

TORONTO(October 20, 2014) – Commissioned by Business News Network (BNN) andThe Globe and Mail’s Report onBusiness, results from today’s release of the 36thC-Suite Quarterly survey reveal that improving cyber-security hasbecome increasingly important for Canada’s top executives. Of those polled, 60%of executives report they have increased investment to protect their companiesagainst the threat of cyber-attack, with 49% of executives also notinghigh-profile cyber-attacks aimed at consumers have increased concernsurrounding data security. The C-Suite Quarterly survey isdesigned to enrich public debate in Canada and help Canadians better understandthe views of executives in the country’s biggest companies.

 

To coincide with today’srelease of the survey results, BNN taps Canada’s top business professionals tooffer their opinions on this quarter’s findings. BNN’s in-depth analysis of thelatest edition of the survey includes exclusive interviews with David Herle,Principal of The Gandalf Group, and Willy Kruh, Partner, KPMG. BNN deliversthese interviews and further analysis to viewers on THESTREET at 7:50 a.m.ET, BUSINESS DAY AMat 11:15 a.m.ET, THE BUSINESSNEWS at 12:20 p.m.ET, and BUSINESS DAY PMat 2:20 p.m. ETand at 4:20 p.m. ET.BNN’s complete review of the findings are available online post-broadcast atBNN.ca.

 

Keyfindings of the 36th C-SuiteQuarterly survey include:

·       28% of executives surveyed report that their businesses have already been avictim of one or more cyber-attacks.

·       74% of executives surveyed believe that more open trade and investment betweenCanada and China will result in a positive impact on their sector.

·       Two-thirds of respondents state that Canada should place a top priority onopening up trade and investment with China.

·       87% of executives polled expect moderate growth from the Canadian economy overthe next 12 months.

 

TheC-Suite Quarterlysurvey is conducted by The Gandalf Group and sponsored by KPMG.

 

AboutBNN
BNN – Business News Network is Canada’s only English-languagetelevision and digital service devoted to helping Canadians invest, build theirbusinesses, and protect their family’s financial well-being. Along with 12hours of market coverage, regular news updates, and direct access to thecountry’s top financial minds, the network features the only televised stockticker with real-time data from the TSX, NYSE, and NASDAQ. Celebrating itsmilestone 15th year, BNN delivers real-time content across market-leadingdigital platforms including up-to-the-minute business news, newsmakerinterviews, and stock market analyses online at BNN.ca. Listen to BNN live every weekday onSiriusXM entertainment channel Canada Talks (167) at 9 a.m., noon, and 6 p.m.ET, and catch BNN business news reports in syndication on Bell Media Radio andother participating radio stations. BNN is a division of Bell Media, which ispart of BCE Inc. (TSX, NYSE: BCE), Canada’s largest communications company.

 

AboutThe Gandalf Group

TheGandalf Group is an opinion research and communications consultingfirm. The firm's principals are nationally recognized leaders in researchand communications strategy, providing advice to business, industryassociations, public sector agencies and media outlets. The Gandalf Group hasbeen conducting quarterly editions of the C-Suite survey on behalf of KPMG,The Globe and Mail's Report on Business and BNN since 2006.Past editions of reports on survey findings are available at GandalfGroup.ca.

 

AboutKPMG

KPMGLLP, the audit, tax and advisory firm (kpmg.ca),a Canadian limited liability partnership established under the laws of Ontario,is the Canadian member firm of KPMG International Cooperative (“KPMGInternational”). KPMG International’s member firms have 140,000 professionals,including more than 7,900 partners, in 146 countries. The independent memberfirms of the KPMG network are affiliated with KPMG International, a Swissentity. Each KPMG firm is a legally distinct and separate entity, and describesitself as such.

 

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For moreinformation, please contact:

Jon-RossGabriel, Bell Media, 416.384.6836 or jon-ross.gabriel@bellmedia.ca

JulieMacFarlane, Bell Media, 416.384.4623 or julie.macfarlane@bellmedia.ca

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