Financial watchdog Fintrac hit by cyberattack, says classified systems not involved

Financial watchdog Fintrac hit by cyberattack, says classified systems not involved

Politics Canada’s financial intelligence agency says it has been hit by a cyberattack. Agency takes corporate systems offline to protect data The Canadian Press · Posted: Mar 05, 2024 2:50 PM EST | Last Updated: 9 hours ago Canada’s financial intelligence agency says it has been hit by a cyber attack. (Graeme Roy/The Canadian Press) … Read more

LifeLabs customers can now apply for up to $150 in compensation for data breach

LifeLabs customers can now apply for up to 0 in compensation for data breach

Canadian residents whose personal data was compromised in a 2019 LifeLabs data breach can now apply for up to $150 in compensation from a multi-million dollar class action settlement approved in October.  The private medical diagnostics company and its subsidiaries were the target of a cyberattack on Dec. 17, 2019, that compromised patient data for around 15 million … Read more

CIBC fined $1.3M for failing to comply with money laundering and terrorist financing rules

CIBC fined .3M for failing to comply with money laundering and terrorist financing rules

Canada’s financial intelligence agency says it has levied a $1.3-million penalty against CIBC for non-compliance with money laundering and terrorist financing measures. The penalty is the second the Financial Transactions and Reports Analysis Centre of Canada has announced this week after RBC’s $7.4-million fine was publicized on Tuesday. The agency, known as Fintrac, says it … Read more