Wire · operational-macro
IBM Report Canada's Data Breach Costs Hit Record High As Attacks Target Critical Infrastructure
◆ Geography
Canada
◆ Source
◆ Verified
Fusion42 · 29 July 2026 · Fusion42 review
An IBM report finds that the average cost of a data breach in Canada has reached a record high, with attackers increasingly focusing on critical infrastructure sectors.
◆ ◆ The Wire takeaway
The cost of a security failure in Canada just hit a new high-water mark. If your business operates there, your cyber insurance policies and security budget are now likely mispriced for the new level of risk.
◆ Related on Wire
◆ Topics
cybersecuritydata-breachcanadarisk-managementcritical-infrastructure