The Office of the Superintendent of Financial Institutions (OSFI) is planning to seek funding for a Managed Security Services Provider (MSSP) to provide various security operational and monitoring services on a 24 x 7 x 365 basis. Once the business case and associated funding are approved, OSFI plans to conduct a Request for Proposal (RFP) to procure services relating to security operations and monitoring.
The main objective of this initiative is to notify Industry of OSFI’s intentions with respect to the MSSP Project and solicit feedback regarding their experience with this type of initiative and obtain:
a) regarding description of each of the services offered by managed security service providers including, and how those services would typically be integrated into OSFI’s existing security architecture and operational capability; and,
b) a rough order of magnitude estimate on costs for implementation and ongoing operations, which will help OSFI to secure necessary funding.
