Today, the Canadian Centre for Cyber Security (Cyber Centre), part of the Communications Security Establishment Canada (CSE), released its Ransomware Threat Outlook 2025 to 2027, its latest assessment of ransomware threats facing Canada.
The modern ransomware landscape is a highly sophisticated and interconnected ecosystem that is constantly evolving. Understanding current and emerging trends is critical to helping Canadians better prepare for and mitigate ransomware risks.
The Cyber Centre's report covers the early history of ransomware, highlights emerging and projected trends, outlines its impact on Canada and Canadian organizations, and debunks common myths and misconceptions.
It also outlines the following key points:
- Ransomware is a growing threat: The ransomware threat continues to increase and evolve quickly, as threat actors adopt sophisticated tactics to carry out cybercrime. All organizations in Canada are at risk. Threat actors are opportunistic and financially motivated.
- Threat actors are evolving: They are leveraging new technologies - like artificial intelligence (AI) and cryptocurrency - while developing new extortion tactics to increase their financial reward
- Basic cyber hygiene is effective: Regular software updates, multi-factor authentication (MFA), and caution with phishing attempts are simple steps that help protect organizations and increase their cyber threat readiness.
- Collaboration is essential: Tackling ransomware requires continued cooperation and diligence among law enforcement, government agencies, private organizations, and the public.
The Cyber Centre assesses that ransomware attacks will remain a significant threat to Canada in the next 2 years. With the rise of AI, these threats have become cheaper and faster to conduct and harder to detect.
That's why CSE, through its Cyber Centre, remains firmly committed to protecting Canadians against this evolving threat with useful and timely tools, services, guidance and strategic partnerships that help build a more resilient digital future for Canada.
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