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G7 countries sound alarm on cyberattacks

Thursday, December 22, 2016 @ 7:00 PM | By Geoff Kirbyson

You know things are serious when the G7 gets involved. Everybody has read stories about big companies falling victim to cyberattacks but the size of the potential crisis around the world really comes into focus when the Group of Seven advanced economies — Canada, France, Germany, Great Britain, Italy, Japan and the United States — steps into the breach and signs an agreement for bolstering cybersecurity in the financial sector.

Their non-binding agreement, which was announced in October, sets forth common strategies to strengthen financial infrastructure,...