MPs give Equifax Canada’s chief privacy officer a rough ride over how the breach happened and the adequacy of the company’s response
Banks are concerned about the potential impacts on safety, soundness and stability in Canada’s financial system, says CBA
11,670 Canadian credit cards impacted by cyberattack
Cyberattacks have become increasingly routine
U.S. drill shows need for partnership between industry and government in protecting against attack
A layered approach can help ensure that if one line of defense fails, another will provide protection
Government has a critical, co-ordinating role to play in defending the financial system from hackers, Poloz says
Scams involving deception caused 9% of breaches among financial sector clients in the first three quarters of 2017
A recent survey of 649 registered firms found that more than half experienced a cybersecurity incident in 2016
The bank has also earmarked spending for patent application support for startups, and announced an AI agreement with Kasisto