Cybersecurity for Canadian Financial Services & Credit Unions
Secure financial transactions, customer data, and regulated systems with cybersecurity services for financial organizations.
Key Statistic
$18.3M
Average cost of a financial sector data breach
Source: Industry security research
What Finance organizations face
Attackers target finance organizations for their data, essential systems, and complex operations. These are the gaps we help close.
Regulatory Compliance
Meet GDPR, PCI DSS, and other financial regulations while maintaining security.
Fraud Prevention
Implement robust security measures to prevent financial fraud.
Customer Trust
Maintain customer confidence by ensuring their financial data remains secure.
Average cost of a financial sector data breach
$18.3M
Increase in cyberattacks on financial institutions since 2020
300%
Of financial institutions experienced a cyber incident in 2023
60%
Built for how finance works
Managed Detection and Response (MDR)
Primary24/7 monitoring and rapid response to cyber threats, keeping your business safe around the clock.
Cloud Security
Protect your cloud infrastructure with advanced security measures and continuous monitoring.
Email Protection
Advanced email security to guard against phishing, spam, and sophisticated email-based threats.
Backup & Recovery
Ensure business continuity with our robust backup and recovery solutions.
Firewall Management
Expert management of your firewall infrastructure for optimal security.
What Finance clients gain
Enhanced Security
Protect your financial assets and customer data from cyber threats.
Regulatory Compliance
Ensure compliance with industry regulations and data privacy laws.
Customer Trust
Maintain customer confidence by ensuring their financial data remains secure.
Why Quantm for Finance
Expertise
Our team specializes in financial cybersecurity, understanding the unique challenges banks and financial institutions face.
Compliance
We ensure compliance with all relevant financial industry regulations including GDPR, PCI DSS, and specific banking requirements.
Scalability
Our solutions scale with your institution, accommodating growing customer bases and expanding services while maintaining security.
OSFI, FINTRAC, and provincial requirements for Canadian financial institutions
- Federally regulated financial institutions, credit unions, and FINTRAC-regulated businesses each answer to a different regulator, but the common thread is the same: documented risk programs, access controls, and audit trails that survive an examination.
- Quantm maps your existing controls to whichever framework applies, identifies gaps, and provides quarterly evidence reports.
- Common gaps we find: undocumented incident response procedures, unmanaged privileged accounts, and third-party vendors with excessive network access.
Who regulates what in Canadian financial services
| Regulator | Applies to | Key requirement |
|---|---|---|
| OSFI B-13 | Chartered banks, trust companies, insurers, federally chartered mortgage brokerages | Cyber risk appetite statement, asset inventory, ongoing monitoring, documented IR and third-party risk management |
| FSRA (Ontario) / BCFSA (BC) | Provincially regulated credit unions | Analogous requirements to B-13 under provincial frameworks |
| FINTRAC | Money service businesses, casinos, real estate brokers, certain accounting firms | Administrative/physical/technical safeguards; 5-year retention of transaction and client ID records |
Common questions, answered.
Questions we hear most often about finance security, compliance, operations, and response planning.
Ask us anything