The Ultimate Guide to Risk & Compliance
A curated Canadian edition of IndustrialDay news, analysis, interviews, reviews, job moves, and related resources for Risk & Compliance.
What to know about Risk & Compliance
Risk & Compliance is a critical domain encompassing the strategies, tools, and frameworks organisations use to identify, manage, and mitigate risks while ensuring adherence to regulatory standards and internal policies. This area has grown increasingly complex with evolving technology landscapes and cyber threats, making it essential for businesses to stay informed and adaptive.
Recent developments highlight the dynamic nature of risk and compliance, including innovations like AI-powered suites enhancing governance, risk, and compliance (GRC) management, as well as emerging security challenges such as growing API vulnerabilities in financial sectors and the targeting of cloud resources by cyber-attacks. Organisations must navigate an expanding regulatory environment, with new standards and certifications marking benchmarks for data protection, operational resilience, and cybersecurity readiness.
Beyond technology, risk and compliance involve critical considerations around human factors, corporate governance, and the alignment of security practices with business objectives. Insights into cloud governance, supply chain security, and identity management demonstrate the multifaceted approach required to manage risks effectively in a digital-first world.
For readers, exploring stories tagged with Risk & Compliance offers valuable perspectives on cutting-edge solutions, regulatory changes, and strategic guidance. It is an essential resource for professionals aiming to understand and implement robust risk management frameworks, enhance cybersecurity posture, comply with evolving standards, and ultimately safeguard their organisations against the multifarious risks of today’s interconnected environment.
Canadian Risk & Compliance News
Regional stories with direct local relevance
Canada faces ransomware rate more than twice global
Canadian firms are being hit by ransomware at 18.2% versus a 9.0% global average, with web-delivered attacks now overtaking email.
SAP Concur expands AI travel tools for Canadian firms
Canadian firms could cut manual travel and expense work as SAP Concur rolls out AI features for delegates, approvers and planners.
Deloitte urges Canada regulatory reform to boost growth
Stronger anti-money laundering reforms could lift Canada's economy by CAD $216 billion over a decade, Deloitte says.
Peoples Group taps Feedzai ahead of Real-Time Rail
Fraud checks are being upgraded before Canada's instant payments network goes live, as Peoples Group seeks to stop scams in real time.
Finofo adds expense & purchasing tools to platform
Finance teams can now handle invoices, expenses and purchase orders in one workflow, while keeping existing cards, banks and ERPs.
Canadian firms struggle to turn AI spending into returns
Only 18% of Canadian organisations have embedded AI into daily operations, leaving many still chasing productivity gains amid rising costs and uncertainty.
Analyst Insights
Research and market analysis connected to Risk & Compliance
Featured News
Exclusive: ABBYY says AI build costs will drive buying
Enterprises could cut AI spend by up to 80% by shifting document workflows away from custom builds and into standard platforms.
Exclusive: ABBYY launches hybrid AI document models
Enterprises under pressure to curb AI risk and cost are being given a hybrid option that blends generative models with OCR and rules-based extraction.
Exclusive: Cloudera builds Hadoop-free future platform
Existing customers get six years of support as Cloudera shifts new AI and analytics workloads to a Hadoop-free platform due in November.
Mimecast CEO: Agentic AI threat novel but not entirely new
Hidden AI risks are already widespread in workplaces, with Mimecast saying users are driving shadow tools and most exposure still starts with people.
AI will fade, says Dell Technologies' ephemeral Chief AI Officer
Dell says agentic AI should shift routine tasks below the machine line, freeing staff for expert work while making the role temporary.
Schrodinger's ERP both dead and alive, says Rimini Street
Businesses can avoid costly ERP rip-and-replace projects by layering AI and automation onto existing systems, Rimini Street says.
Lumana's focus on vertical applications for AI video surveillance platform
Lumana's Principal Product Manager says its camera-agnostic AI platform is expanding beyond security into retail, healthcare and smart cities.
Check Point: Be the best, or get out the way
Rising AI-driven attacks are compel security buyers to cut vendor sprawl, though Check Point warns over-consolidation can still raise risk.
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Check Point: Hackers are already in. Act accordingly
Hackers are exploiting vulnerabilities in hours or minutes, leaving many organisations compromised before defenders spot the breach.
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OnBoard says board AI policy key, but lags behind in adoption
Most boards are using AI, but formal guidelines are still missing as adoption races ahead of governance, OnBoard's survey found.
John Margerison on the new class of employee: AI managers
Businesses should treat AI like a new hire, as weak oversight could expose sensitive data and leave staff needing fresh skills to stay relevant.
Vector Institute launches open-source writing bias detector
The free tool could help organisations curb discriminatory wording in news, healthcare and HR content as trust in AI remains low in Canada.
How this Ont. town is using AI from bylaw to trash pickup
Data silos and staff time are being cut as the township uses AI agents to speed calculations, analyse waste and answer residents online.
Expert Columns
From Clipboard to Cloud: Why manual temperature checks are a food safety gap of the past
The autonomous SOC takeover
Why firms are now looking for AS9100 certification
An open letter to the next gen of accountants and bookkeepers
Your AI Scaling Problem is Actually a RAG Problem
How security leaders should measure AI SOC performance
When IT fails in manufacturing, the whole supply chain pays
AI closes vulnerability window as zero-day exploits surge
The importance of data enrichment in financial services
Canada's tech problem is its growing technology dependency
Interviews
Interviews and video coverage from the networkRecent Risk & Compliance News
Focal AI launches agentic platform for Canadian advisers
Advisers could reclaim hours each week as the new software auto-fills forms, drafts emails and updates records after client meetings.
KPMG Canada gains ISO 42001 AI governance certification
The certification gives clients added assurance as businesses face growing scrutiny over who is accountable for AI risks and controls.
Canada's tech problem is its growing technology dependency
Excessive reliance on foreign platforms is leaving governments and businesses vulnerable to price shocks, lock-in and lost control.
Many leaders struggle to define sovereign AI, study finds
A new study suggests boards are moving to sovereign AI for risk and data control, even though many executives still cannot define it.
Kyndryl expands Broadcom tie-up for private cloud AI
Enterprises facing tighter data and cyber controls will get more support as Kyndryl deepens its Broadcom alliance around VMware Cloud Foundation.
Cisco launches sovereign critical infrastructure in Canada
Canadian government and critical service operators gain more control over data and systems as Cisco expands its sovereign technology push.
RBC creates unified global transaction banking unit
The reorganisation is meant to deepen corporate relationships and support RBC's push for more operating deposits and fee income.
Canadians fear deepfake fraud ahead of Real-Time Rail
Most Canadians want tighter fraud controls as the new Real-Time Rail could leave less time to block deepfake-driven scams and impersonation.
Canadian small businesses unaware of open banking law
Many still share banking logins with advisers as a survey found 82% of owners had not heard of Canada's new open banking law.
The cloud debt crisis coming for Canadian enterprise IT
Cloud spending is set to trigger costly remediation for Canadian firms as undocumented systems, rising costs and security gaps pile up.
Alation & PwC Canada launch banking compliance tool
Canadian banks will be able to cut months of compliance work to days as the first joint product automates data risk checks and audit evidence.
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Wagepoint adds AI payroll tool to flag unusual changes
Wagepoint has added an AI payroll review tool that flags unusual changes for Canadian small businesses and accountants before approval.
Real-time rail payments bring Canada into hold-free economy
Consumers and businesses will be able to move money in seconds outside banking hours when Payments Canada launches the RTR next quarter.
Why disconnected data is quietly holding Canadian business back
Disconnected systems are slowing decisions, masking costs and forcing Canadian firms to reconcile data manually before they can trust it.
Teqare expands cyber safety for First Nations wealth
CAD $90,000 scam losses have pushed Teqare to widen training across more than 80 First Nations, schools and elder communities in Canada.
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ServiceNow unveils six autonomous security products
Rising AI-driven threats are pushing firms to consolidate security operations, as ServiceNow adds automation across exposure, identity and incident response.
Borderless AI launches Alberni for global compliance
Employers hiring across borders could cut legal fragmentation as the new system bundles entity work, compliance tracking and case management.
PGI Canada launches personal guarantee cover for loans
Canadian business owners now have a new way to cap personal losses when lenders enforce personal guarantees on commercial loans.
EY Canada adds on-site quantum computer for clients
Clients in regulated sectors may be able to test sensitive workloads in Canada, easing data-sovereignty worries as quantum use matures.
CPPO appoints Wealthsimple, KOHO & ABCorp directors
The move gives Canada's prepaid lobby broader fintech and banking expertise as prepaid rails become central to digital financial services.
