Centre for Business Law

In this presentation, Professor Maziar Peihani, who holds the Lawson Lundell Professorship in Business Law, will discuss the Canadian banking system’s cyber risk governance framework. He argues that the existing regulatory approach falls short of what is needed to meet the unique challenges of cyber risk in the financial sector. He advocates for complementing the current quantitative paradigm that underlies regulation with a resilience-centric approach aimed at better accommodating & learning from unpredictable cyber incidents.