AI Can Help Businesses Save Millions and Protect Consumer Data
MARKHAM, ON, July 30, 2025 /CNW/ -- Data breaches in Canada are becoming more costly and complex, with organizations paying an average of CA$6.98 million per breach in 2025, according to the latest IBM Cost of a Data Breach Report. This represents a 10.4% increase from CA$6.32 million in 2024, reflecting the growing financial impact of security incidents. Among the report's findings is the rise of unsanctioned AI– known as Shadow AI – which amplify risks, escalate costs, and expose sensitive consumer data. Often introduced by employees using unapproved AI systems, shadow AI creates vulnerabilities and compliance issues for businesses.
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