The report also underscores the transformative potential of AI in both enhancing cybersecurity measures and enabling sophisticated attacks like deepfakes. It stresses the importance of building operational resilience through real-time adaptive cybersecurity measures and addressing the talent gap in the cybersecurity workforce. Collaboration between public and private sectors is deemed crucial, with recommendations for financial incentives for SMBs to adopt Managed Detection and Response services. The report calls for Canadian leaders to view cybersecurity as an enabler of growth and innovation, urging decisive action to build a secure digital ecosystem.
Key takeaways:
- Ransomware attacks have increased by 40 per cent, significantly impacting the health care, energy, and education sectors.
- Misconfigurations in IoT and cloud systems are common entry points for cyber attackers, highlighting systemic vulnerabilities.
- Operational resilience and proactive cybersecurity measures, such as Identity Threat Detection and Response (ITDR), are crucial for maintaining critical functionality during disruptions.
- Fostering a security-first culture and leveraging AI-powered technologies can enhance threat identification and mitigation, addressing human error which accounts for 82 per cent of breaches.