Canada’s federal anti-money laundering agency, FINTRAC, is grappling with a cybersecurity incident.
The agency didn’t specify the nature of the incident, but announced that it has taken its corporate systems offline as a precaution. The aim was to ensure the integrity of those systems as well as “protect the information that the Centre maintains.”
FINTRAC collects and analyzes data on financial transactions that involve an array of Canadian companies, including banks and securities dealers, that are subject to anti-money laundering rules. The agency said that the incident does not involve its intelligence or its classified systems.
The agency is working with the Canadian Centre for Cyber Security, along with other federal partners, “to protect and restore its systems.”