4.2 million
Average Data Breach Cost (CAD)
Cybersecurity firm report
1,200
Number of Data Breaches
Canadian Cybersecurity Agency
12
Median Time to Contain Breach (hours)
Cybersecurity Analytics
78%
Percentage of Organizations with Cyber Insurance
Industry Survey
150
Cost per Record Compromised (USD)
Cybersecurity Research Institute
Despite these efforts, the median time to contain breaches is around 12 hours, indicating ongoing vulnerabilities. The average cost per record compromised is estimated at USD 150, underscoring the importance of robust cybersecurity defenses. Canadian firms continue to prioritize digital security to protect sensitive data and maintain consumer trust.
Disclaimer: All statistics presented are 2026 estimates and projections based on industry trend analysis, historical data, and publicly available research. Individual data points may vary from actual figures.