Regulators are looking to increase cybersecurity in Canada’s capital markets as cyber threats have evolved and the potential for damage is rising
Regulators encouraged to co-operate with industry
With firms and advisors susceptible to cyberattacks, they need to work together to address these increasing threats
Recent incidents of cyber fraud are of significant concern for the central banking community
Less than one-third of advisors surveyed feel they are fully prepared to manage and mitigate the risks associated with cybersecurity
Cybersecurity, enforcement and seniors are top priorities for the year ahead
New rules aim to ensure derivatives market participants are adequately evaluating their cyber risks, and testing their cybersecurity defenses
Cyber-related insurance coverage is expected to represent a significant growth opportunity for insurers
Financial advisors need to balance the way they transmit information with the importance of the data they are sending
Survey finds U.S. banks use on average 12 cybersecurity vendors for a variety of services