Cybersecurity News

What small business clients value about cyber insurance

Small business clients gravitate to cyber insurance And it’s not for the insurance, per se, but for the accompanying services following an incident, a cyber underwriter said recently. “If you think about it in the context of car insurance, they’re buying their cyber insurance effectively not for the car claims payment, but for the breakdown…
Kevvie Fowler-Data Breach and Preparation_1stEdition

Data Breach Preparation and Response: Breaches are Certain, Impact is Not

Data Breach Preparation And Response: Breaches are Certain, Impact is not. 1st Edition, Kindle Edition Data Breach Preparation and Response: Breaches are Certain, Impact is Not is the first book to provide 360 degree visibility and guidance on how to proactively prepare for and manage a data breach and limit impact. Data breaches are inevitable…

The R3P Mandatory Breach Notification Preparedness Assessment

A special assessment conducted by R3P Consulting if your organization has data across various providers.  This assessment involves an analysis of the current environment, and the state of preparedness of the organization in question. An examination of contractual agreements the organization has with providers to ensure that key requirements are covered, and contingencies understood. Explores…

Failure to report Canadian privacy breaches

Failure to report Canadian privacy breaches could mean big fines after Nov. 1 Privacy Commissioner Daniel Therrien holds a news conference to discuss his annual report in Ottawa on Thursday, Sept. 27, 2018. After more than three years of legislative fine-tuning, Canadian businesses will be required as of Thursday to alert their customers and the…

Mandatory Breach Notification Readiness Assessment

Is your Organization Ready? Submitted by The Poirier Group As of November 1, 2018, new regulations are in force for mandatory reporting of privacy breaches under Canada’s Personal Information Protection and Electronic Documents Act (PIPEDA). These regulations better harmonize Canadian breach reporting with the recent European Union General Data Protection Regulation (GDPR). Failure to comply…

Canadian firms still have work to do on cybersecurity: EY

A new report from EY says Canadian firms are increasing their cybersecurity spending, but the majority still allocate less than 10 per cent of their IT budgets to fending off hackers. For more on this, BNN Bloomberg spoke with Yogen Appalraju, Canadian cybersecurity leader at EY.

Hackers demand bitcoin ransom in cyberattack on big Canadian restaurants

Recipe Unlimited says there’s no ransom threat because its systems are secure On October 3rd, 2018, CBC News reported a Canadian company that owns many popular restaurant chains has been told to pay ransom in bitcoin to retrieve data that hackers claim to have stolen. On Monday, Recipe Unlimited — formerly Cara Operations — said it was hit with…

Cybersecurity Compliance Burdens Increase For Canadian Investment Dealers And Advisers

Canadian securities regulators have issued a notice on cybersecurity and social media which brings into sharp relief the rapid pace of the threats investment dealers and advisers now face as a result of the increased targeting of the financial industry by cyber criminals.

Mandatory Breach Reporting in Canada

Cyber security rules and expectations are changing The rising risks associated with cyber breach in Canada Canadian organizations admit they may not be fully prepared to meet the heightened expectations associated with the rising risks of cyber breach in Canada. In this environment, Board Directors and C-Suite should be keenly focused on not just ensuring their organization can weather…