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The Cyber Incident Landscape

Author

Listed:
  • Nikil Chande
  • Dennis Yanchus

Abstract

The Canadian financial system is vulnerable to cyber threats. But for many firms, cyber risk is difficult to quantify. We examine public information on past cyber incidents to better understand the current risk landscape and find that a holistic view is needed to fully grasp the nature of this risk.

Suggested Citation

  • Nikil Chande & Dennis Yanchus, 2019. "The Cyber Incident Landscape," Staff Analytical Notes 2019-32, Bank of Canada.
    • Handle: RePEc:bca:bocsan:19-32
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    File URL: https://www.bankofcanada.ca/2019/12/staff-analytical-note-2019-32/
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    Cited by:

    1. Sebastian Doerr & Leonardo Gambacorta & Thomas Leach & Bertrand Legros & David Whyte, 2022. "Cyber risk in central banking," BIS Working Papers 1039, Bank for International Settlements.
    2. Aldasoro, Iñaki & Gambacorta, Leonardo & Giudici, Paolo & Leach, Thomas, 2022. "The drivers of cyber risk," Journal of Financial Stability, Elsevier, vol. 60(C).

    More about this item

    Keywords

    Financial markets; Financial stability;

    JEL classification:

    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation
    • M15 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - IT Management
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy

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