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Wire · operational-macro

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

Published

29 July 2026

Topic

operational-macro

Geography

Canada

Source

Read at tradingview.com

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.

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Topics

cybersecuritydata-breachcanadarisk-managementcritical-infrastructure