Security Built for Financial Services
Financial institutions across North America face overlapping regulatory mandates — OSFI B-13 in Canada, NYDFS 23 NYCRR 500 in the United States, GLBA, PCI-DSS, and more. We deliver the threat intelligence and external visibility that mid-market institutions need to meet these requirements across jurisdictions — without building an in-house SOC.
Average cost of a financial services data breach — the highest of any sector. Credit unions face average breach costs of $8.2 million per incident, with a 278-day mean detection time.
North American financial institutions face an intensifying threat landscape. Over 60 Canadian credit unions were compromised in a single ransomware attack in December 2023. In the United States, the MOVEit breach exposed sensitive data at numerous banking and financial organizations, while multiple credit union service organizations (CUSOs) reported breaches affecting millions of members. The Canadian Investment Regulatory Organization (CIRO) suffered a phishing breach in 2025 exposing 750,000 investor records. With regulators on both sides of the border tightening enforcement — OSFI lowering its penalty threshold in September 2025, NYDFS issuing record fines for cybersecurity failures — the cost of inadequate cybersecurity extends well beyond breach remediation to regulatory sanctions, insurance claim denials, and reputational damage.
Regulatory Compliance
Our services align with and support the regulatory frameworks that govern your industry.
OSFI Guideline B-13
Effective since January 2024, B-13 requires continuous monitoring, documented cybersecurity programs, 24-hour incident reporting, and board-level accountability for cyber risk. Our managed services map directly to B-13's three domains: Governance and Risk Management, Technology Operations and Resilience, and Cyber Security. We help you complete the OSFI self-assessment tool and demonstrate compliance maturity.
NYDFS Cybersecurity Regulation (23 NYCRR 500)
New York's Department of Financial Services requires continuous monitoring, incident reporting within 72 hours, and CISO accountability for all financial institutions operating in the state. Our managed threat intelligence and attack surface monitoring provide the continuous visibility, incident detection, and compliance evidence that 23 NYCRR 500 mandates — including the enhanced requirements for Class A companies effective November 2025.
GLBA Safeguards Rule
The FTC-enforced Gramm-Leach-Bliley Act Safeguards Rule requires financial institutions to develop, implement, and maintain a comprehensive security program to protect customer information. Our continuous dark web monitoring, attack surface management, and incident alerting directly support the Safeguards Rule's requirements for access controls, encryption monitoring, and continuous threat assessment.
PIPEDA
Canada's federal privacy law requires organizations to protect personal information with appropriate security safeguards and to report breaches involving real risk of significant harm. Our dark web monitoring detects compromised customer data — credentials, financial records, and personal information — enabling rapid breach assessment and notification compliance.
SOX Section 404
Sarbanes-Oxley requires publicly traded companies to maintain internal controls over financial reporting, increasingly interpreted by auditors to include cybersecurity controls protecting financial data integrity. Our external attack surface monitoring and dark web surveillance provide documented evidence of continuous security monitoring that supports SOX audit requirements and material cybersecurity risk disclosures.
PCI-DSS
PCI-DSS v4.0 mandates proactive threat monitoring and inventory of all payment page scripts. Our attack surface management discovers exposed payment infrastructure, vulnerable JavaScript libraries, and certificate weaknesses across all locations — while dark web monitoring watches for stolen credit card data and compromised POS credentials.
How We Help
Tailored security solutions for financial services organizations.
Credit Union Protection
Credit unions across North America — from Canada's 188 provincial credit unions serving over 6 million members to the more than 4,700 US credit unions serving 140 million members — face the same sophisticated threats as major banks, yet most cannot staff a 24/7 security operations center. We provide managed threat intelligence purpose-built for credit unions: dark web monitoring for compromised member credentials, attack surface management across branch locations and online banking portals, and compliance reporting aligned with regulatory expectations on both sides of the border.
Dark Web Financial Intelligence
We monitor criminal marketplaces for stolen credit card data, compromised banking credentials, customer account data, and insider threat indicators. When your organization's financial data appears on the dark web, you receive an immediate alert with context — what was found, the severity, and specific actions to contain the exposure before customers are impacted.
External Attack Surface Monitoring
Continuous discovery and monitoring of every internet-facing asset across your branches, customer portals, API endpoints, and third-party integrations. We identify exposed management interfaces, certificate weaknesses, and misconfigured cloud resources — generating compliance evidence that demonstrates continuous external visibility to regulators whether you report to OSFI, NYDFS, or state-level financial authorities.
Third-Party Risk Intelligence
Regulatory frameworks across North America — OSFI B-13 and B-10 in Canada, NYDFS 23 NYCRR 500, and the GLBA Safeguards Rule in the United States — all require ongoing monitoring of third-party and supply chain risks. Our platform continuously monitors vendor security posture, breach exposure, and vulnerability status across your supply chain — providing the evidence trail that satisfies third-party risk management requirements across jurisdictions.
Frequently Asked Questions
Our managed services map directly to B-13's requirements across all three domains. For continuous monitoring, we provide 24/7 dark web surveillance and attack surface monitoring. For incident detection, our platform generates real-time alerts that support your 24-hour OSFI reporting obligation. For technology asset management, our EASM module discovers and inventories all internet-facing assets. And for third-party risk, we monitor vendor security posture as required by B-13 and B-10. We also help institutions complete the OSFI self-assessment tool to identify and close compliance gaps.
Yes. Our continuous monitoring, incident alerting, and compliance reporting capabilities map directly to NYDFS 23 NYCRR 500 requirements — including 72-hour incident reporting, continuous threat monitoring, and CISO accountability documentation. For GLBA Safeguards Rule compliance, our services provide the access monitoring, threat assessment, and continuous security program evidence that the FTC requires. We support financial institutions across both Canada and the United States.
While B-13 directly applies to federally regulated financial institutions, provincial regulators increasingly benchmark their expectations against OSFI guidelines. Credit union centrals — including Central 1 and Desjardins — apply B-13-equivalent standards across their member institutions. In practice, credit unions face the same compliance pressure as federally regulated banks. The December 2023 ransomware attack affecting over 60 credit unions demonstrates that the threat landscape does not distinguish between federal and provincial regulation.
Staffing a 24/7 security operations center requires 5 to 7 analysts at $65,000 to $120,000 or more each, totaling $700,000 to $1.5 million per year before tooling costs. Our managed service delivers the continuous monitoring, incident detection, and compliance reporting that regulators require at a fraction of that cost — purpose-built for mid-market institutions that need enterprise-grade security without the overhead.
You receive an immediate alert with full context: what data was found, where it was detected, the assessed severity, and specific remediation steps. For critical findings that may trigger reporting obligations — OSFI's 24-hour window, NYDFS's 72-hour requirement, or PIPEDA's breach notification requirements — we provide evidence packages and timeline documentation to support your reporting workflows.