Canada Fourth Largest Cybersecurity Hub in the World

Canada ranks as the fourth largest innovation hub in the world for cybersecurity with Ontario leading the country, concludes a report released today. Commissioned by Ontario Centres of Excellence (OCE) and the Toronto Financial Services Alliance (TFSA), the report states that Ontario has the potential to assume a more dominant leadership role in cybersecurity, given its current strengths in financial services and technology, if it takes immediate steps to seize the opportunity. The ranking is based on venture capital deals in the cybersecurity sector.

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