News Summary

A recent survey by the Canadian Internet Registration Authority (CIRA) highlights a growing trend among Canadian companies to prefer homegrown cybersecurity solutions. According to the 2025 Cybersecurity Survey, 82% of professionals now consider the country of origin an important factor when choosing a cybersecurity provider. The survey also reveals that 56% of respondents have reconsidered U.S.-based options due to trade and political uncertainties. Despite the increasing threat of cyberattacks, only 57% of companies conduct monthly cybersecurity training. Last year, 24% of Canadian companies experienced ransomware attacks, with 74% of them having their data stolen and paying ransoms exceeding $25,000. Data breaches were reported by 42% of organizations, a significant increase from 29% in 2022. Concerns about AI-related cyber threats are rising, with 70% of respondents expressing worry about data collection by AI tools and 61% about enhanced phishing risks.