Industry News: Cyber

Banks Report an Increase in 'High Impact' Breaches as Federal Cybersecurity Bill Idles

Written by Cybersecurity | Feb 16, 2024 1:56:05 PM

2024-02-12

CBC: The number of  "high impact" cyber incidents reported by Canada's banks nearly tripled last year, according to the industry's watchdog. The increase comes as a federal bill meant to protect Canada's critical systems — including financial systems — has been sitting idle in parliamentary limbo for months.

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