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Key findings: the cyberthreat landscape in 2025 1. Ransomware and state-sponsored attacks continue to escalate Canada's critical sectorsincluding healthcare, energy, education, and retailhave become prime targets for cybercriminals. Education: Budget constraints make institutions a low-hanging fruit for cybercriminals.
Initial Access Broker (IAB) activity increased by 16% during the reporting period, heavily targeting US-based organizations due to perceived financial capability from cyberinsurance. To counter this, organizations should continually educate themselves on emerging trends and forum discussions around techniques.
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Byron: On the software side of things, some exciting breakthroughs are about to gain meaningful traction in leveraging machine learning and automation to shape new security platforms and frameworks that are much better suited to helping companies implement cyber hygiene, as well as execute effective, ongoing threatdetection and incident response.
These services include threatdetection, vulnerability management, and incident response. Often, they subscribe to periodic testing to ensure their security measures stay updated as new threats emerge. CyberInsurance Partnerships Cyberinsurance is becoming a must-have for businesses worldwide.
To counter these methods, organizations should prioritize educating users on phishing and social engineering techniques. However, given the increasing sophistication of these attack techniques, education alone isn’t always enough to prevent a cyber attack. However, some cyberinsurance policies explicitly forbid ransom payments.
Educating users to prevent common phishing attacks and auditing external-facing assets for vulnerabilities can help block LockBits likely tactics. In addition, ReliaQuests Threat Research team is closely monitoring LockBit 4.0 to deliver timely detections for GreyMatter customers.
Initial Access Broker (IAB) activity increased by 16% during the reporting period, heavily targeting US-based organizations due to perceived financial capability from cyberinsurance. To counter this, organizations should continually educate themselves on emerging trends and forum discussions around techniques.
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