Employee AI use leads to surge in Canadian cyber breach costs

Employee AI use leads to surge in Canadian cyber breach costs

IStock.com/hirun Canadian businesses are losing $6.98 million on average to data breaches, according to IBM’s latest Cost of a Data Breach Report. That’s a 10.4% increase, or roughly $308,000 from the previous year.  Employees’ use of shadow AI — i.e. unsanctioned artificial intelligence — was found to be a top breach cost driver for Canadian businesses, says IBM. These ungoverned AI systems are more likely to be breached and “more costly when t…