IBM Report: Canada's Data Breach Costs Hit Record High as Attacks Target Critical Infrastructure

The average cost of a data breach in Canada has hit a record high of CA$7.11 million, according to a 2026 IBM report. Breaches are also getting larger and taking longer to contain, but the study found that extensive use of AI and security automation significantly reduces costs and response times.

This Wire brief sits within Fusion42's coverage of Cybersecurity, and 4 sources have reported it between 29 Jul 2026 and 30 Jul 2026.