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Canada Dashboard Digest | Canada looks to respond to bank cyber incidents tripling in 2023 Related reading: Podcast: James Dempsey and John Carlin talk top trends in cybersecurity

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Canada's Office of the Superintendent of Financial Institutions announced significant cybersecurity incidents reported by Canadian banks almost tripled in 2023, BNN Breaking News reports. To meet the challenge, the government's proposed C-26 legislation, introduced in 2022, includes a provision to require financial institutions to strengthen their cyber defenses, however, Privacy Commissioner of Canada Philippe Dufresne recently testified C-26 needs to contain stronger privacy protections for individuals.
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