CyberSecure New Brunswick
As the backbone of many economies, small businesses often lack the resources of larger enterprises, making them more susceptible to cyber-attacks. However, by prioritizing cybersecurity, these businesses can safeguard sensitive data, protect customer trust, and ensure business continuity.
Eligibility
- Only (one) 1 grant per registered business
- Business must be registered and headquartered in New Brunswick
- Is a for-profit business
- Must commit to maintaining strategy/adoption for a least six months after participating in the program
- Must consent to participating in follow-up surveys, sharing information with the Government of Canada, and having the name of the business published as a recipient of funding
- Must have had at least $30,000 in annual revenue in the most recent tax year
- The following types of small businesses are ineligible:
- Corporate chains, franchises, licenced brands, or registered charities
- Representatives of multi-level marketing companies
- A brokerage firm and their agents (real estate, investment, insurance, etc.)
- Businesses that engage in online reselling or drop-shipping businesses reliant on third-party suppliers
Potential Projects:
- Cybersecurity
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Password Management: The implementation of a robust password management system. This includes integrating a reliable password manager, enforcing strong password policies, and providing education on creating secure passwords.
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Multi-Factor Authentication (MFA): Integrating MFA wherever feasible. By adding an extra layer of authentication beyond passwords, MFA significantly enhances security.
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Security Headers: These headers offer additional protection against common web vulnerabilities, safeguarding sensitive data.
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Secure Wireless Connection: For businesses utilizing Wi-Fi, review, and configuration of network to adhere to the latest encryption standards. Regular reviews of connected devices ensure ongoing security.
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Patch Management: Ensuring that software and operating systems are up to date and configured to the latest security standards, including the application of security patches to address known vulnerabilities.
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Endpoint Security: Installing and maintaining antivirus software across all devices, while scheduling regular malware scans to protect against threats.
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Access Control: Limiting access to sensitive data through file management policies, granting permissions only as necessary for each client/employee's role within the project.
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Incident Response Plan: Development of an incident response plan. Clear steps are outlined to handle security breaches or data compromises effectively.
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- Integration of Artificial Intelligence (AI) for Cybersecurity:
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Threat Detection and Response: AI-powered tools can analyze vast amounts of data in real time, enabling early detection of potential threats. Automated responses enhance the ability to counteract cyberattacks promptly.
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Anomaly Detection: AI algorithms excel at identifying abnormal patterns and behaviours, aiding in the early detection of suspicious activities that may go unnoticed by traditional cybersecurity measures.
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Streamlined Operations: AI integration streamlines security processes, reducing the burden on small business owners and IT personnel. This allows for more efficient resource allocation and focus on core business activities.
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Predictive Analysis: AI's predictive capabilities help anticipate potential cyber threats, allowing businesses to proactively address vulnerabilities before they can be exploited.
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Artificial Intelligence (AI) Integration:
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Chatbots for Customer Support: Deploy chatbots on your website or messaging platforms to handle routine customer queries
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Automated Email Marketing: Utilize AI tools for personalized email marketing campaigns, as well as analyze customer behaviour to send targeted and relevant content, improving conversion rates.
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Data Analytics for Decision Making: Leverage AI-driven analytics tools to make sense of business data. (Gain insights into customer preferences, market trends, and operational efficiency to inform strategic decisions.)
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Social Media Management: Use AI tools to schedule posts, analyze engagement patterns, and identify optimal posting times. Enhance social media presence and effectiveness without manual monitoring.
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Predictive Analytics for Inventory Management: Implement AI algorithms to predict demand and optimize inventory levels. Reduce excess inventory costs and minimize stockouts, improving overall supply chain efficiency.
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Automated Bookkeeping and Accounting: Adopt AI-powered accounting software to automate bookkeeping tasks. Streamline financial processes, reduce errors, and save time on manual data entry.
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HR and Recruitment Assistance: Use AI in recruitment processes to screen resumes and identify suitable candidates. Streamline hiring processes and improve the efficiency of HR functions.
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Personalized Customer Recommendations: Implement AI algorithms to analyze customer preferences and behaviour. Provide personalized product or service recommendations, increasing customer satisfaction and sales.
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Submit your application by clicking on your local CBDC below or by contacting your representative.
- CBDC Chaleur or (506) 548-5951
- CBDC Charlotte-Kings or (506) 466-5055
- CBDC Kent or (506) 743-2422
- CBDC Madawaska or (506) 737-8925
- CBDC Northumberland or (506) 778-2121
- CBDC Péninsule acadienne or (506) 395-9700
- CBDC Restigouche or (506) 753-3344
- CBDC Victoria Madawaska-South or (506) 473-6446
- CBDC Southwest or (506) 454-2747
- CBDC Westmorland Albert or (506) 532-8312