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Security for institutions that move money,
and answer to OSFI.
Banks, credit unions, insurers and fintechs face the most persistent attackers of any sector, and the closest regulatory scrutiny. We watch around the clock, respond in minutes and help you show the regulator your work.
Where financial institutions get hit.
The attackers are organized, patient and after the money or the data that leads to it.
Business email compromise
Attackers take over or impersonate a trusted mailbox and redirect wire transfers or payment instructions. Routine payments make it easy to hide.
Payment infrastructure
State-backed groups have targeted interbank messaging environments to send fraudulent transfers. Local payment zones need isolation and monitoring of their own.
Open banking and APIs
Real-time payments and partner integrations widen the attack surface. API abuse and weak third-party connections are common entry points.
Ransomware and extortion
Operators know institutions cannot tolerate downtime and that customer data carries weight. Many now steal before they encrypt.
Insider and privileged access
Staff with access to wire platforms, trading systems and account data create opportunities for fraud and data theft.
Third-party cascade
A breach at a vendor, processor or counterparty can reach you through trusted connections. OSFI now expects you to manage that risk.
The frameworks you report against.
Canadian requirements first, then the US and EU rules that apply when you list, operate or sell abroad.
| Framework | Who it applies to | What we help with |
|---|---|---|
| OSFI Guideline B-13, technology and cyber risk | Federally regulated financial institutions | Gap assessment against B-13, 24/7 detection and response, and the testing evidence the guideline expects |
| OSFI Guideline B-10, third-party risk | Federally regulated financial institutions | Vendor risk tiering, technical assessment of critical suppliers, and monitoring of third-party access |
| OSFI technology and cyber incident reporting | Federally regulated financial institutions | Fast triage and scoping so incidents are reported to OSFI accurately and on time |
| Provincial credit union and insurance regulators | Credit unions and provincially regulated institutions | Mapping your programme to provincial expectations and building the evidence for examinations |
| FINTRAC and the PCMLTFA | Reporting entities, including banks, credit unions, securities dealers and money services businesses | Forensic investigation of cyber-enabled fraud, and record integrity and evidence handling that stands up to review |
| Critical Cyber Systems Protection Act (Bill C-8, Royal Assent June 2026, not yet in force) | Operators of banking and clearing and settlement systems, once designated by order | Cyber security programme design, supply-chain risk and incident reporting readiness |
| PIPEDA and Quebec Law 25 | Institutions handling personal information of Canadians and Quebec residents | Breach investigation, harm assessment support and documented incident records |
| PCI DSS v4.0.1 | Anyone storing, processing or transmitting card data | Gap assessment, segmentation testing and penetration testing of the cardholder data environment |
| SOX IT general controls | Canadian issuers listed in the US | Access, change and system-integrity control testing for financial reporting systems |
| DORA | Institutions with EU operations, and ICT providers serving EU financial entities | ICT risk management, incident classification and resilience testing support |
Specialist work for financial environments.
Payment and messaging zones
Architecture reviews and penetration testing of interbank messaging and payment environments, against the controls your attestation requires.
Trading and market systems
Assessment of order management, execution gateways and market data feeds, with testing designed around low-latency constraints.
Adversary simulation
Red team exercises that test detection and response against realistic financial-sector scenarios, including insider and wire-fraud paths.
From real client environments.
A suspected BEC, correctly cleared
MSOC investigated a suspected business email compromise and cleared it with evidence.
Client identities withheld pending permission. Named references and logos available on request.
How we help financial institutions.
MSOC
An autonomous SOC that detects and contains threats in under two minutes, around the clock, with senior analysts on top.
Learn more →IR retainer
Pre-agreed terms and guaranteed response from four hours down to one, so the team answers first when something goes wrong.
Learn more →RagnarökPenetration testing
Testing of banking platforms, payment applications and open banking APIs, every finding with a fix.
Learn more →ForsetiGRC & compliance
Ongoing control management and evidence for OSFI, PCI DSS and SOX, kept current between audits.
Learn more →Supply chain & third-party risk
A B-10 aligned vendor programme: tiering, technical assessment and monitoring of critical suppliers.
Learn more →Darknet & leak-site monitoring
Watch for your credentials, customer data and fraud tooling on criminal forums and leak sites.
Learn more →What buyers ask.
We already have a SOC provider. Why switch?
Most providers forward alerts and leave the investigation to you. MSOC triages, investigates and contains, and documents every action, which is what B-13 asks you to show. It can run as an overlay on the tools you already own.
Will an autonomous SOC act on our core systems without asking?
No. It acts inside boundaries you set, logs everything and takes nothing irreversible without senior sign-off. You can run it human-in-the-loop until you are comfortable.
Where does our data live?
100% Canadian-owned, with primary operations in Canada. We deploy to meet each client's data-residency requirements, and Canadian clients' data stays in Canada.
Can you help us prepare for an OSFI review?
Yes. We assess you against B-13 and B-10, close the gaps with you, and keep the evidence current through Forseti so the next review is not a scramble.
Talk to someone who knows financial services.
Put a specialist on a call to scope monitoring, response or OSFI readiness. No charge, no commitment.