The True Cost of a Cybersecurity Breach vs. the Cost of Prevention

The average Canadian data breach now costs $6.9 million. Compare the real cost of a cyber breach against MSSP prevention fees, insurance savings, and.

By Damir Grubisa  ·  Founder & CEO, The Cyber Arm Security  ·  Updated March 2026

About the Author

Damir Grubisa is the Founder & CEO of The Cyber Arm Security and Group 4 Networks, Toronto’s leading managed cybersecurity MSSP. With 15+ years protecting Canadian businesses from cyber threats, Damir specializes in managed detection & response (MDR), PIPEDA/PHIPA compliance, and AI-powered security operations for SMBs and enterprise organizations across the GTA and nationwide. Connect on LinkedIn →