A “cyber incident” prompted the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) to take its corporate systems down as a precaution.
Canada’s financial intelligence unit is run by the government organization FINTRAC. It tracks millions of questionable transactions a year, conducts money laundering investigations, and reports thousands of illicit money flows to the authorities.
The organization has posted a brief press release on its website informing readers that no access was made to the Center’s intelligence or classified systems, meaning that private data and operational capabilities linked to the organization’s primary goal are safe read more Canada’s anti-money laundering agency offline after cyberattack.
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