Category: AI
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When Helpful AI Becomes a Security Risk
In June 2025, a single email quietly compromised Microsoft 365 Copilot through a vulnerability known as EchoLeak (CVE‑2025‑32711). There were no clicks, no attachments, and no user error. Copilot simply processed the message as designed and unintentionally exposed emails, documents, Teams chats, and SharePoint data. Although Microsoft patched the issue quickly, the incident made one…
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The State of Cybersecurity for Canadian Businesses
Cybercrime continues to rise worldwide, and Canadian businesses are feeling the impact more than ever. While Canada often appears in joint North American statistics, its threat landscape has its own unique characteristics. From ransomware to phishing to large‑scale fraud, attacks continue to evolve in both frequency and sophistication, affecting organizations of every size and sector.…
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Targeted Phishing Attack Affects Canadian Investors
In August 2025, a targeted phishing campaign compromised sensitive investor information held by the Canadian Investment Regulatory Organization (CIRO), ultimately affecting approximately 750,000 Canadian investors. Following an extensive forensic investigation exceeding 9,000 hours, CIRO publicly confirmed the full extent of the breach on January 14, 2026. The incident affected a defined subset of current and…
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Resilience Over Compliance
Cyber threats are accelerating, and Canadian businesses face a critical reality: attacks aren’t a matter of if, they’re a matter of when. In the first half of 2025 alone, Canada saw 11.9 billion cyberattack attempts. With AI-driven phishing, ransomware, and even future quantum risks on the horizon, organizations need more than compliance checklists—they need resilience.…
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Canadian Securities Administrators (CSA) Deploys AI to Fight Online Investment Fraud
Canadian securities regulators are using advanced technology to crack down on online investment scams. In the past six months, the Canadian Securities Administrators (CSA) have blocked over 3,900 fraudulent websites, including fake investment platforms and cryptocurrency schemes. This effort relies on machine learning to scan millions of reports daily, flag suspicious domains, and work with…
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Rising AI Threats in Canada
Canada’s cyber insurance market is showing signs of recovery after years of volatility, according to a new report from the Insurance Bureau of Canada (IBC). The report, The Canadian Cyber Insurance Market, highlights how improved underwriting practices, better loss predictability, and broader product availability have helped insurers regain balance. Between 2019 and 2023, the industry…
