On August 28, 2023, the Canadian Centre for Cyber Security (the Centre) released its cyber security guidance document entitled “Baseline Cyber Threat Assessment: Cybercrime” (the Assessment), which describes the historical and current threat that global cybercrime poses to Canada and Canadians.
The Assessment provides readers with information on the early history of cybercrime; the development of the global cybercrime market and significant cybercrime tactics, techniques, and procedures; and a current assessment of the global cybercrime threat and its implications for the Canadian landscape. For the purposes of the Assessment, “cybercrime” refers to “criminal activity that targets a computer, a computer network, or a networked device for profit”.
The Centre remarks that its role defending the Government of Canada’s information systems has provided a unique perspective on cyberspace threats. This has allowed it to rely on classified and unclassified sources as well as input from the Royal Canadian Mounted Police to create the Assessment and make the following key judgements:
Overall, the Centre predicts that, during the next two years, cybercrime activity in Canada will likely increase and will remain a national security concern.
Summary By: Steffi Tran
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