BNN Bloomberg
🏢 Bell Media
Jul 29, 2026
· 3 min read
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Average Canadian data breach costs and detection times are rising: IBM report - BNN Bloomberg
Original article ↗B.I.A.S. ANALYSIS
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Article Excerpt
Data breaches are becoming more costly for Canadian companies, a new report suggests.
Canadian organizations paid an average of $7.11 million per data breach in 2026, up from $6.98 million in 2025, according to research tech giant IBM released Wednesday.
The average breach exposed 28,500 records, up eight per cent from last year, and took 205 days to detect and contain, a six per cent increase from 2025.
It’s getting more expensive to tackle the breaches because addressing them takes a multi-faceted approach, said Chris Sicard, security leader at IBM Canada.
“What drives costs higher isn’t…
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Jul 29, 2026