Successful Canadian software adopters typically complete vendor selection in about three months, while disappointed buyers take four to five months.

99% of satisfied Canadian software buyers narrowed their choices to five vendors or fewer, compared to 90% of disappointed buyers.

40% of Canadian software buyers reported satisfaction with their purchase in 2026.

49% of successful Canadian software buyers paid close attention to a vendor’s history of breaches or attacks before purchase.

62% of satisfied Canadian software buyers expect to increase their software spend next year, compared to 79% of disappointed buyers.

38% of successful Canadian software buyers evaluated a vendor's reputation for incident response before purchase.

41% of successful Canadian software buyers considered patching and update practices before purchase.

38% of Canadian employees reported that they have successfully accessed a prior employer’s account, data, or applications after leaving the company

51% of Canadian IT & security professionals reported that their company is actively encouraging employees to shift logins to passkeys

In 2025, Canada experienced 139 ransomware incidents, accounting for 3.0% of all attacks.

2.79% of global ransomware victims (organizations and individuals) in Q3 2025 were from Canada.

Canada's overall suspected digital fraud rate was 4.2% in H1 2025, a decline from 5.4% in H1 2024.

26% of Canadian business leaders attributed fraud losses to synthetic identity fraud, an increase of eight percentage points year over year.

Canadian business leaders lost an equivalent of 7.2% of revenue to fraud, totaling CAD$111 billion, which is an increase from 6.2% in 2024.

Account login was the highest risk stage in Canada, with a suspected digital fraud rate of 13.0%.

66% of CISOs say they would consider paying a ransom to prevent data leaks or restore systems. This figure rises to 84% in Canada and Mexico.

81% of Canadians rate the security of fingerprints and facial recognition as good or excellent.

Over 40% of personal loan, credit card, and card loan Canadian applicants expect to spend less than 30 minutes opening a checking account.

49% of Canadians reported experiencing more frequent identity verification checks while logging into bank accounts.

15% of Canadians have reduced or stopped using their checking accounts due to the difficulty of identity checks.