cybersecurity – Advisor's Edge https://phoenix.advisor.ca The best news source for Canadian financial advisors. Investments, financial markets, insurance, practice management, tax and estate planning Wed, 23 Aug 2023 17:31:06 +0000 en-CA hourly 1 https://wordpress.org/?v=5.9.3 https://phoenix.advisor.ca/wp-content/uploads/sites/5/2018/05/cropped-advisor-ico-32x32.png cybersecurity – Advisor's Edge https://phoenix.advisor.ca 32 32 IOSCO, CPMI report examines central counterparty risks https://phoenix.advisor.ca/news/regulation/iosco-cpmi-report-examines-central-counterparty-risks/ Wed, 23 Aug 2023 16:13:24 +0000 https://www.advisor.ca/?p=230000 Policymakers seek to ensure CCP readiness to handle loss events

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Canadian financial sector faces rising cybersecurity challenges: report https://phoenix.advisor.ca/news/industry-news/canadian-financial-sector-faces-rising-cybersecurity-challenges-report/ Wed, 16 Aug 2023 15:38:05 +0000 https://www.advisor.ca/?p=229753 Digital fraud rose significantly in 2022, with the global attack rate up 20% year-over-year

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Class action filed against firms involved in data breach https://phoenix.advisor.ca/news/industry-news/class-action-filed-against-firms-involved-in-data-breach/ Thu, 20 Jul 2023 21:26:15 +0000 https://www.advisor.ca/?p=228949 The case stems from the GoAnywhere cybersecurity incident in January

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Cyberattacks a matter of when, not if: industry leaders https://phoenix.advisor.ca/news/industry-news/cyberattacks-a-matter-of-when-not-if-industry-leaders/ Tue, 30 May 2023 14:38:21 +0000 https://www.advisor.ca/?p=226063 Firms should prepare and test responses, executives said at an IFIC event

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Data breach victims include Empire Life https://phoenix.advisor.ca/news/industry-news/data-breach-victims-include-empire-life/ Thu, 25 May 2023 20:36:53 +0000 https://www.advisor.ca/?p=225940 The breach, which affected clients of InvestorCOM, has compromised information related to Empire Life's seg funds and mutual funds

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How to leverage — not loathe — compliance https://phoenix.advisor.ca/news/industry-news/how-to-leverage-not-loathe-compliance/ Thu, 25 May 2023 16:38:13 +0000 https://www.advisor.ca/?p=225911 Demonstrate and discuss your regulatory requirements with clients, IFB says

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Risk of shock to financial system down, but concerns linger: Bank of Canada survey https://phoenix.advisor.ca/news/industry-news/risk-of-shock-to-financial-system-down-but-concerns-linger-bank-of-canada-survey/ Mon, 15 May 2023 20:37:25 +0000 https://www.advisor.ca/?p=225607 Risk management experts cited high inflation, quantitative tightening and cyber attacks as potentially contributing to shocks

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Data breach exposed Mackenzie clients’ personal data but not holdings, firm says https://phoenix.advisor.ca/news/industry-news/data-breach-exposed-mackenzie-clients-personal-data-but-not-holdings-firm-says/ Tue, 02 May 2023 20:06:10 +0000 https://www.advisor.ca/?p=225029 InvestorCOM, a vendor of Mackenzie Investments, had data exposed when hackers targeted a secure file transfer service

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Crypto hacking hits record in 2022 https://phoenix.advisor.ca/news/industry-news/crypto-hacking-hits-record-in-2022/ Thu, 02 Feb 2023 22:03:55 +0000 https://www.advisor.ca/?p=221482 Decentralized finance protocols were the top target of crypto thefts

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FSRA proposes cyber guidance for title credentialing bodies https://phoenix.advisor.ca/news/industry-news/fsra-proposes-cyber-guidance-for-title-credentialing-bodies/ Mon, 23 Jan 2023 20:38:44 +0000 https://www.advisor.ca/?p=221055 Groups issuing financial planner and advisor titles must meet cybersecurity guidelines

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