As a rule, cybersecurity is an ever-evolving industry. Rapidly advancing technology, and equally as rapid and creative threat actors have ensured that the industry remains in a state of flux, requiring careful thought and decision making to keep organizations secure. 2023 was no exception to this rule.

The 2023 edition of KPMG in Canada’s report on the state of the cyber security landscape will discuss major developments in malware, threat actor behaviour and the cyber defences needed to counter them. Our Incident Response, Cyber Threat Intelligence and Vulnerability Management teams have come together to share insights into interesting and novel cases resolved in the year, as well as thought leadership regarding potential outcomes in 2024 and beyond.

It should be noted that the opinions expressed within this report reflect real incidents and experiences through 2023. While descriptions of the events have been kept accurate, victim details have been obfuscated.

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