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Size won't protect firms from successful hacks

Thursday, November 17, 2016 @ 7:00 PM | By Jillian Kestler-D'Amours

It’s not a matter of if, but when. That’s the message financial and legal experts in the increasingly important field of cybersecurity repeatedly stressed at the Association for Certified Anti-Money Laundering Specialists conference on Oct. 25 in Toronto.

And, they said, that inevitable cyberattack means individuals, companies and institutions working in the fields of anti-money laundering and counter-terrorist financing must be prepared for when a hack happens.

“Look to the person to your left, look to the person to your right, look to the person behind...