Nikil Chande - Latest - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T06:43:58+00:00Three things we learned about the Lynx payment system
https://www.bankofcanada.ca/2023/10/staff-analytical-note-2023-14/
Canada transitioned to a new wholesale payment system, Lynx, in August 2021. Lynx is based on a real-time settlement model that eliminates credit risk in the system. This model can require more liquidity; however, Lynx’s design allows Canada’s wholesale payments to settle efficiently.2023-10-10T14:30:23+00:00enThree things we learned about the Lynx payment system2023-10-10The Cyber Incident Landscape
https://www.bankofcanada.ca/2019/12/staff-analytical-note-2019-32/
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.2019-12-13T09:00:23+00:00enThe Cyber Incident Landscape2019-12-13