Canadian industry regulator requires investment companies to report cybersecurity attacks

This translation has been automatically generated and has not been verified for accuracy.Canadian investment companies will be required to report cybersecurity attacks within days of an occurrence, allowing the industry regulator to alert other brokerages of risks.

“Mandatory reporting of cybersecurity incidents will allow IIROC to analyze the information received for any trends, insights or intelligence,” Irene Winel, IIROC’s senior vice-president of member regulation and strategy, said in a statement on Thursday. “The Bank takes its role in safeguarding the financial system against cyberattacks very seriously," Mr. Dinis said at an information technology event in Toronto."However, we can’t tackle these challenges in isolation. We need to collaborate within the financial sector and ultimately throughout the economy to address these very real threats.”

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Cannabis company unveils largest solar panel array in the Canadian pot industryA cannabis company has unveiled what it claims is the largest solar panel array in the Canadian pot business. With demand dropping and sales plummeting for legal marijuana was this really a good investment? Skip the middle man and smoke outdoor grow. Full light spectrum makes a world of difference. Indoor grown pot will always be second to outdoor grown. Green is going Green ;-)
Source: CTVNews - 🏆 1. / 99 Read more »

OSFI rejects global capital standard for Canadian insurance companiesOSFI decision a rare departure from global standard-setting cooperation
Source: nationalpost - 🏆 10. / 80 Read more »

McKinsey & Co. under investigation for work advising bankrupt companies, reports sayU.S. Justice Department spokesperson Nichole Navas Oxman declined to comment on media reports about a criminal investigation into McKinsey and Co. globepolitics Follow for news on Alberta & more!!!!
Source: globeandmail - 🏆 5. / 92 Read more »