Executive Summary
Canadians use the Internet for financial transactions, to connect with friends and family, attend medical appointments and work. As Canadians spend more time and do more on the Internet, the opportunities grow for cyber threat activity to impact their daily lives.
There’s been a rise in the amount of personal, business and financial data available online, making it a target for cyber threat actors. This trend towards connecting important systems to the Internet increases the threat of service disruption from cyber threat activity.
Meanwhile, nation states and cybercriminals are continuing to develop their cyber capabilities. State-sponsored and financially motivated cyber threat activity is increasingly likely to affect Canadians.
In NCTA 2023-24, we have chosen to focus on five cyber threat narratives that we judge are the most dynamic and impactful and that will continue to drive cyber threat activity to 2024.