Historically, the field of cybersecurity has been largely unregulated, with little to no requirements needed to be met by corporations. Recently, health centers, municipalities, universities, and other Canadian businesses and organizations have been targeted by electronic espionage and ransomware. In many instances, the attacks go unreported because the corporations fear their reputation may be damaged if word spreads that their existing security was incompetent. Often corporations decide it is in their best interest to pay the ransom fee in order to dismiss the problem, rather than to reach out for external assistance. Recently, the Government of Canada has introduced a new Canadian cybersecurity bill forcing corporations to prioritize mandatory reporting of cyber attacks and the meeting of new security standards.
The amount of information stored online rises with each passing second. Within these quantities of data are keys to unlock personal identities, exploit financial details and blackmail high profile corporations. Each time an individual discloses sensitive information to an enterprise, they could be putting themselves at extreme risk.
With numerous applications now functioning within the cloud, how do we ensure the safety of employees, customers and partners?
The cloud offers agility to enterprises of all sizes. This technology continues to transform the capabilities of organizations. The achievements obtained by using a cloud-based infrastructure are many, but this kind of deployment also presents security concerns.
Major changes to Canada’s Personal Information Protection and Electronic Documents Act (PIPEDA) are coming into law this fall. Now is the time for organizations to pay careful attention to their role in protecting the privacy of customers.
Canada’s Personal Information Protection and Electronic Documents Act (PIPEDA) will soon be experiencing an overhaul. Any private-sector organization throughout Canada could be affected and must learn their new accountabilities before November 1st 2018 – the date of enforcement. Non-compliance could result in weighty fines up to $100,000. Read more
THE SCC BLOG
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