Absolutely NOT. Let me tell you--as a Canary product owner (for over a year)--security is almost a false claim. It definitely will not detect breached entry-points. It also will do almost nothing that it's marketing sales-pitch claims (anymore), without a premium paid monthly subscription. And, unfortunately the quality of the service isn't even worth the money. There is--which is commonly reported all over the Internet--consistent and unacceptable lag of up to 10 seconds. This lag is even when simply opening the app to simply see one of your cameras; literally 10-15 seconds of wait time and buffering. Even on Wi-fi. It's literally terrible and ruins the experience. and the delay lag is typically about 3-7 seconds of live video.
It's all awful and completely unacceptable when there's competitors like Netgear's Arlo available for years with solid reviews and completely competitive storage plans--even for FREE users! After spending $400, and then finding I was completely lied to and bait-and-switched by Canary, I am so eager to help others from making the same mistake!
Hope this helps!