November 27, 2023
The Financial Services Regulatory Authority of Ontario (FSRA) has released its final IT Risk Management Guidance.
The Guidance is laid out in two sections:
The Guidance for all sectors includes seven practices for effective IT risk management as well as a process to notify FSRA in the event of an IT risk incident.
The sector specific Guidance(s) provide an individual interpretation and approach for each sector, to assist industry professionals with applying the Guidance.
To review the full IT Risk Management Guidance in the FSRA of Ontario website, click on more information below: