Regulators are guiding investment firms with sound principles, but putting them in place is a challenge
New guidance gives financial services firms advice on how legal requirements apply to cyber-events and online crime
A former OCC employee downloaded a large number of files onto two removable thumb drives and has since been unable to locate the devices
Ontario has been the main driver, and the province has the potential to further strengthen its cybersecurity dominance, which would benefit the financial services sector as well
SRO aims to alert dealers’ to possible weaknesses in their cybersecurity programs
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