The British Columbia Financial Services Authority is seeking public feedback for information security incident reporting. The BCFSA is considering establishing a rule that would require financial institutions to report material information security incidents, given the increased adoption of digital technology in the financial sector, and detailed in a discussion paper. The public is encouraged to provide feedback to the BCFSA on several questions regarding reporting timelines and the content of what must be reported. Feedback must be submitted by Feb. 25.
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