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Serious IT incidents in Canadian financial sector almost tripled in 2023

Canadian federal financial institutions suffered almost three times as many serious reportable IT incidents in 2023 as in the year before, a parliamentary committee debating proposed cybersecurity legislation for overseeing the country's critical infrastructure providers was told Monday. In 2023, there were 28 Priority 1 incidents reported to the Office of the Superintendent of Financial ....

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RIVERA: Canada's cybersecurity catch-up a crucial leap forward

RIVERA: Canada's cybersecurity catch-up a crucial leap forward
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Critical infrastructure cyber law needed 'more than ever,' Parliament told

The Canadian government's proposed law forcing critical infrastructure providers to toughen their cybersecurity is "needed now more than ever," an expert told a parliamentary committee on Monday. "We are far behind our allies" in protecting critical infrastructure firms, David Shipley, CEO of New Brunswick's Beauceron Security and co-chair of the Canadian Chamber of Commerce's cyber ....

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Critical infrastructure cyber law needed 'more than ever,' Parliament told

Critical infrastructure cyber law needed 'more than ever,' Parliament told
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