Mathieu Labr News Today

Canada’s banking watchdog says banks reported 28 "priority one" incidents, attacks that cause "disruption of service or leakage of data."

Canada’s banking watchdog says banks reported 28 "priority one" incidents, attacks that cause "disruption of service or leakage of data."

Canada is the first country to make this level of information publicly available, according to Employment and Social Development Canada

TORONTO — Canada's banking regulator has released final guidelines on how it expects banks to protect themselves against foreign interference and other risks related to integrity and security.

OSFI has told banks they have one year to comply with new rules on integrity and security affecting financial systems

The formalized expectations cover everything from ensuring the "good character" of board members to managing who has access to buildings, servers and other key infrastructure.

The banks provided few details and said new terms will be decided on case-by-case basis

When the phone rang and a woman claiming to be her granddaughter told her she'd been arrested, a Montreal-area grandmother wanted to help. She ended up handing over about $4,000 in savings to someone she thought was an officer of the court.

Tara Moar and Matthew Greer say they’re out nearly $10,000 for two expensive espresso machines after two online customers contested charges the merchants claim to be legitimate.

Tara Moar and Matthew Greer say they're out nearly $10,000 for two expensive espresso machines after two online customers contested charges the merchants claim to be legitimate.