2024 Canadian Cybersecurity Trends
Cybersecurity Spending in Canada Continues to Increase Despite Declining IT Budgets
Against the current economic backdrop, organizations are increasingly adopting cost-cutting measures, leading to a notable decrease in IT budgets, which have declined by more than 50 percent compared to 2023. Despite this downward trend, Canadian companies continue to increase cybersecurity spending in relation to their overall IT budget year-over-year, indicating that cybersecurity remains a priority to reduce potential negative impacts on their business.
Get CDW Canada’s 2024 Canadian Cybersecurity Study, our latest annual survey with IDC, to learn how Canadian organizations are combating cybersecurity threats and attempting to minimize their impact. Learn how Al has altered the cybersecurity landscape and what IT decision-makers might be overlooking as they adopt zero trust.
The 2024 Canadian Cybersecurity Study reveals:
Cyberattacks have decreased, however, the number of successful cyberattacks continues to rise
How AI has altered cybersecurity, for both attackers and defenders
Organizations often overlook a critical component for success: threat detection and response
An effective approach for addressing security gaps on the public cloud must consider the entire cloud ecosystem
59%
of Canadian organizations are working on a security policy regarding the use of AI in the workplace.
29%
of organizations implementing zero-trust strategies have a policy in place that mandates security monitoring for threat detection.
57%
indicated that the public cloud is the most impacted IT component from a cybersecurity attack.
35%
do not feel that migrating their workloads to the public cloud has met their security expectations.
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