logo
Cyberattacks are Fewer in Number but Smarter in Strategy, Says CDW Canada Study

Cyberattacks are Fewer in Number but Smarter in Strategy, Says CDW Canada Study

TORONTO--(BUSINESS WIRE)--Apr 8, 2025--
, a leading provider of technology solutions and services for Canadian organizations, today released its annual Canadian Cybersecurity Study, Canadian Cybersecurity Trends: Bridging Strategy, Technology, Artificial Intelligence and Human Expertise, which explores the evolving state of cybersecurity among Canadian organizations. The study, sponsored by CDW Canada and conducted with additional support and analysis by IDC Canada, surveyed over 704 IT security, risk and compliance professionals.
The expanding threat landscape highlights a critical pattern in 2025. Cyberattacks continue to decrease in frequency, yet successful attacks have intensified and become increasingly disruptive. In the past 12 months, 87 percent of Canadian organizations have reported experiencing a security incident, coupled with a 10 percent year-over-year increase in the length of downtime per incident. This pattern indicates a need for Canadian organizations to prioritize proactive cybersecurity to avoid these detrimental disruptions to their business.
GenAI progress stalls amid gaps in security and governance frameworks
Over the past year, organizations have raced to explore the potential of Generative Artificial Intelligence (GenAI), but the excitement has exposed a critical paradox. While organizations recognize GenAI's transformative potential, many are facing security and compliance barriers that have slowed full-scale adoption.
Canadian organizations are particularly grappling with the complex challenges of securely integrating and scaling GenAI into business operations. Between 2023 and 2024, businesses conducted an average of 17 GenAI proof-of-concepts (PoCs), yet fewer than a third (28 percent) successfully transitioned to full production as concerns over data privacy and compliance put projects on hold.
The majority cite common barriers to adoption, including data privacy concerns (64 percent), skills shortages (57 percent) and system integration complexities (44 percent).
The rush to integrate GenAI has highlighted gaps in Canadian organizations' foundational frameworks. However, this provides a key opportunity for organizations to strategically assess their data governance and compliance capabilities at a moment when the full potential of GenAI is still in its infancy.
'The competitive advantages of GenAI are undeniable, but rushing into full-scale adoption without a strong security framework is a risk no organization can afford,' said Ivo Wiens, Field CTO, Cybersecurity at CDW Canada. 'This slowdown isn't a failure but a necessary step for businesses to address foundational security gaps with thoughtful intent.'
Organizations must invest in strengthening their overall security posture and capabilities to benefit from the transformative potential of GenAI.
Proactive security testing is the missing link for cloud environments
As Canadian organizations expand their digital ecosystems and increasingly rely on their hybrid cloud environments, cyberattackers are keeping pace, exploiting vulnerabilities in cloud environments at an alarming rate. What was once a secondary risk has emerged as a primary concern, with public cloud infrastructures facing more attacks than any other IT infrastructure component.
More than half (61 percent) of Canadian organizations report that their public cloud environments have been the most impacted by cyberattacks. However, organizations conducting annual security testing indicated fewer infiltrations (23 incidents) and breaches (33 incidents) on average compared to 25 and 29 incidents respectively for those without regular testing. This underscores the clear value of comprehensive cloud testing to proactively mitigate risks, freeing up more time and resources for core business operations.
Structural gaps drive the shift toward third-party services
Canadian organizations are prioritizing their security capabilities by investing in Managed Detection and Response (MDR) services, which provide proactive managed solutions to enhance detection and incident response driven by a strategic shift to address internal resource gaps, improve threat detection and response speeds to increase cyber resilience.
Nearly half (41 percent) of Canadian organizations have already adopted MDR services, with more than a third (37 percent) planning to do so in the near future. As organizations continue to struggle with the impacts of breaches, MDR services are a key enabler in reducing vulnerabilities and minimizing operational disruptions.
'Many organizations are in a vulnerable position without the in-house expertise required to respond to threats at the speed and scale needed,' said Ben A. Boi-Doku, Chief Strategist, Cybersecurity Services Strategy & Development at CDW Canada. 'It's promising to see Canadian organizations investing in their security. MDR services are a fundamental part of modern security strategies. The organizations that invest in 24/7 threat detection and response will be the ones who can focus on running their business instead of combatting cyberthreats.'
To learn more about the state of cybersecurity for Canadian organizations, download the study here.
Join the conversation online by following @CDWCanada on X (formerly Twitter) and LinkedIn.
About CDW Canada
CDW Canada Corp. is a leading provider of technology services and solutions for business, government, education and healthcare. Established in 2003, CDW Canada is the country's trusted advisor for cybersecurity, hybrid infrastructure and workplace modernization. CDW Canada's local experts design, orchestrate and manage customized services and solutions, making technology work so people can do great things. Through its services-led approach, CDW Canada simplifies complex technology to empower customers to focus on their business and thrive in a rapidly evolving landscape. CDW Canada is a subsidiary of CDW Corporation (Nasdaq: CDW), a Fortune 500 company. For more information, visit www.cdw.ca.
647.288.5828 | [email protected]
SOURCE: CDW Canada Corp.
Copyright Business Wire 2025.
PUB: 04/08/2025 08:15 AM/DISC: 04/08/2025 08:14 AM

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Verint Genie Bot Delivers Millions of Dollars in Business Value
Verint Genie Bot Delivers Millions of Dollars in Business Value

Yahoo

time13 minutes ago

  • Yahoo

Verint Genie Bot Delivers Millions of Dollars in Business Value

MELVILLE, N.Y., June 12, 2025--(BUSINESS WIRE)--Verint® (NASDAQ: VRNT), The CX Automation Company™, today announced AI business outcomes customers achieved with the recently launched Verint Genie Bot. Part of Verint Open Platform's business analytics solutions, Verint Genie Bot is supercharging business analyst capacity. The bot delivers critical customer experience (CX) insights to executives at unprecedented speed across customer complaints, churn, upsell opportunities and cost reduction initiatives. Verint Genie Bot Delivers Powerful AI Business Outcomes The AI-powered bot delivers actionable CX insights in minutes, driving millions of dollars in value to customers across industries. For example, in the first day of using Verint Genie Bot, an international financial institution uncovered the insights to optimize customer journeys, reduce costs and increase revenue by $5 million. In addition, an energy provider leveraged the bot's insights to streamline self-service and agent workflows, opening the door to $3 million in cost reduction. "Our latest release of Verint Genie Bot is another breakthrough in applying agentic AI to CX Automation," said Verint's Global Vice President, Product and Go-to-Market Strategy, Daniel Ziv. "By combining the latest generative and agentic AI capabilities, Verint Genie Bot is now proven to create unparalleled value." Discover how Verint Genie Bot and Verint Open Platform can unlock transformative insights and AI outcomes, now. About Verint Verint® (NASDAQ: VRNT) is a leader in Customer Experience (CX) Automation, serving a customer base that includes more than 80 of the Fortune 100 companies. The world's most iconic brands use the Verint Open Platform and our team of AI-powered bots to deliver tangible AI Business Outcomes, Now™ across the enterprise. Verint is uniquely positioned to help brands increase CX Automation with our differentiated, AI-powered Open Platform. Verint, The CX Automation Company™, is proud to be Certified™ by Great Place To Work®. Learn more at This press release contains "forward-looking statements," including statements regarding expectations, predictions, views, opportunities, plans, strategies, beliefs and statements of similar effect relating to Verint Systems Inc. These forward-looking statements are not guarantees of future performance and they are based on management's expectations that involve a number of risks, uncertainties and assumptions, any of which could cause actual results to differ materially from those expressed in or implied by the forward-looking statements. For a detailed discussion of these risk factors, see our Annual Report on Form 10-K for the fiscal year ended January 31, 2025, and other filings we make with the SEC. The forward-looking statements contained in this press release are made as of the date of this press release and, except as required by law, Verint assumes no obligation to update or revise them or to provide reasons why actual results may differ. VERINT, VERINT DA VINCI, VERINT OPEN CCAAS, THE CX AUTOMATION COMPANY, THE CUSTOMER ENGAGEMENT COMPANY AND THE ENGAGEMENT CAPACITY GAP are trademarks of Verint Systems Inc. or its subsidiaries. Verint and other parties may also have trademark rights in other terms used herein. View source version on Contacts Media Relations Andi Investor Relations Matthew Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data

Volantis Unveils Photonic Compute Platform for the AI Era; Raises $9M in Seed Round With Alex Wang, Trevor Blackwell, and Others
Volantis Unveils Photonic Compute Platform for the AI Era; Raises $9M in Seed Round With Alex Wang, Trevor Blackwell, and Others

Business Wire

time17 minutes ago

  • Business Wire

Volantis Unveils Photonic Compute Platform for the AI Era; Raises $9M in Seed Round With Alex Wang, Trevor Blackwell, and Others

SAN MATEO, Calif.--(BUSINESS WIRE)-- Volantis, a semiconductor startup building photonically integrated computers for the AI era, today emerged from stealth and announced a $9 million seed round of funding. The round includes backing from Alex Wang (Scale AI) and Trevor Blackwell (Y Combinator). Sam Altman backed Volantis in April 2022, betting on the need for foundational breakthroughs in compute long before today's AI infrastructure limitations came into focus. Volantis is not trying to retrofit today's chips; they're building what the next decade of compute will require. Founded in 2022, Volantis is the first company to scale a new class of photonic compute architecture that moves beyond the limitations of silicon photonics. Using a fundamentally different approach—direct laser modulation and wafer-scale integration—Volantis enables ultra-efficient communication across highly connected compute systems. This architecture packs the power of a server rack into a chip-scale package, reducing energy consumption and cost while dramatically increasing compute speed. 'We're not just making an incrementally better AI chip,' said Tapa Ghosh, Volantis' founder and CEO. 'We've solved long-standing challenges that have kept photonics out of computers. Instead of relying on silicon photonics, we've scaled a new class of low-cost, low-power, directly modulated lasers and coupled them into densely parallel optical waveguides—something never done at this scale before. The result is the photonic compute platform the AI era has been waiting for.' The core bottleneck in AI compute today is the bandwidth and power required to move data between chips. While photonics has long been seen as the answer, silicon photonics—the dominant approach for the past two decades—has consistently failed to scale inside systems. Volantis replaces traditional chip interconnects with energy-efficient optical channels, using parallelism to deliver high aggregate bandwidth with unmatched efficiency. Volantis' breakthrough comes from integrating directly modulated lasers with on-chip optical waveguides—a feat that enables many slow, low-powered links to work in parallel, similar to the architectural advantage GPUs have in compute. This unique combination allows Volantis to unlock 15x better performance per dollar while improving stability, and reducing power consumption. In just two years Volantis has already built working, patent-pending prototypes, validating that photonics inside the computer outperforms traditional silicon photonics. Clint Schow, a leading photonics researcher and professor at UCSB, and advisor to Volantis, added, 'This new approach takes proven, low-cost VCSEL technology and unleashes it at scale to deliver a wafer-scale AI processor. Volantis is not trying to retrofit today's chips; they're building what the next decade of compute will require.' The Volantis team brings together top optical and hardware engineering talent from companies like Ayar Labs, Lightmatter, Marvell, Rockley, Infinera, Lumentum, Juniper, Skorpios, and others. Roy Meade, co-founder and CTO of Volantis, was the first employee and former VP of Engineering at Ayar Labs, one of the most prominent silicon photonics companies globally; he also successfully led HBM (High Bandwidth Memory) development at Micron. Volantis will use the funding to continue refining its chip architecture, grow its world-class engineering team, and begin early customer engagements. About Volantis Volantis is a semiconductor startup building photonically integrated computers for the AI era. Founded in 2022 and backed by leading innovators in AI and computing, Volantis is the first to scale photonics inside computer chips, enabling a new class of chips that are radically faster, less expensive, and more energy efficient than traditional architectures. Volantis holds multiple pending patents on its architecture and is headquartered in San Mateo, CA.

Verint Genie Bot Delivers Millions of Dollars in Business Value
Verint Genie Bot Delivers Millions of Dollars in Business Value

Business Wire

time18 minutes ago

  • Business Wire

Verint Genie Bot Delivers Millions of Dollars in Business Value

MELVILLE, N.Y.--(BUSINESS WIRE)-- Verint ® (NASDAQ: VRNT), The CX Automation Company ™, today announced AI business outcomes customers achieved with the recently launched Verint Genie Bot. The AI-powered Verint Genie Bot delivers actionable customer experience (CX) insights in minutes, driving millions of dollars in value to customers across industries. Part of Verint Open Platform's business analytics solutions, Verint Genie Bot is supercharging business analyst capacity. The bot delivers critical customer experience (CX) insights to executives at unprecedented speed across customer complaints, churn, upsell opportunities and cost reduction initiatives. Verint Genie Bot Delivers Powerful AI Business Outcomes The AI-powered bot delivers actionable CX insights in minutes, driving millions of dollars in value to customers across industries. For example, in the first day of using Verint Genie Bot, an international financial institution uncovered the insights to optimize customer journeys, reduce costs and increase revenue by $5 million. In addition, an energy provider leveraged the bot's insights to streamline self-service and agent workflows, opening the door to $3 million in cost reduction. 'Our latest release of Verint Genie Bot is another breakthrough in applying agentic AI to CX Automation,' said Verint's Global Vice President, Product and Go-to-Market Strategy, Daniel Ziv. 'By combining the latest generative and agentic AI capabilities, Verint Genie Bot is now proven to create unparalleled value.' Discover how Verint Genie Bot and Verint Open Platform can unlock transformative insights and AI outcomes, now. About Verint Verint ® (NASDAQ: VRNT) is a leader in Customer Experience (CX) Automation, serving a customer base that includes more than 80 of the Fortune 100 companies. The world's most iconic brands use the Verint Open Platform and our team of AI-powered bots to deliver tangible AI Business Outcomes, Now™ across the enterprise. Verint is uniquely positioned to help brands increase CX Automation with our differentiated, AI-powered Open Platform. Verint, The CX Automation Company™, is proud to be Certified™ by Great Place To Work ®. Learn more at This press release contains 'forward-looking statements,' including statements regarding expectations, predictions, views, opportunities, plans, strategies, beliefs and statements of similar effect relating to Verint Systems Inc. These forward-looking statements are not guarantees of future performance and they are based on management's expectations that involve a number of risks, uncertainties and assumptions, any of which could cause actual results to differ materially from those expressed in or implied by the forward-looking statements. For a detailed discussion of these risk factors, see our Annual Report on Form 10-K for the fiscal year ended January 31, 2025, and other filings we make with the SEC. The forward-looking statements contained in this press release are made as of the date of this press release and, except as required by law, Verint assumes no obligation to update or revise them or to provide reasons why actual results may differ. VERINT, VERINT DA VINCI, VERINT OPEN CCAAS, THE CX AUTOMATION COMPANY, THE CUSTOMER ENGAGEMENT COMPANY AND THE ENGAGEMENT CAPACITY GAP are trademarks of Verint Systems Inc. or its subsidiaries. Verint and other parties may also have trademark rights in other terms used herein.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store