Proposed federal data breach reporting regs good for business: Lawyer

Sep 13 13:09 2017 Print This Article

Organizations following the federal privacy law would have to keep a record of every breach of security safeguards for no more than 24 months after the day the breach has occurred, according to new proposed regulations to Canadian law requiring firms to report breaches to customers and the privacy commissioner.

In addition, the proposed regulations wouldn’t impose a new method of record-keeping for those breach reports. A copy of the report as sent to the federal privacy commissioner would be sufficient, say the draft regulations released earlier this month, which means a paper copy in a file folder would do.

Many organizations will be familiar with the proposed format for notifying potential victims because it is similar to best practices already recommended by the federal privacy commissioner.

Read More

About Article Author

The IT World Blog

Since its launch in 1984, IT World Canada has become the online information resource of choice for Canadian IT professionals working in medium to large enterprises. Representing the entire spectrum of enterprise IT, they provide news and information services that aid in achieving success in the Canadian IT market. more than 75,000 IT executives and professionals – representing 70 per cent of the buying power in Canada – turn to IT World Canada for the information they trust. IT World Canada creates daily news content, produces a daily newsletter and features IT professionals who blog on topics of industry interest.

  Categories:

Related Items

5 Things Investors Should Know About China this New Year

Today marks the first day of the Chinese Lunar New Year, also known as the Spring Festival, China’s most important holiday. The fire rooster struts off-stage, clearing the way for the loyal earth dog. According to CLSA’s tongue-in-cheek Feng Shui Index, health care, consumer and paper products a ...

Clips From Today’s Halftime Report

Granite Construction, Twitter, ArcelorMittal, British American Tobacco from CNBC. ... ...

Friday Humor: What Is Bitcoin?

I know Bitcoin is back to over $10,000, but this is still hilarious. This article first appeared on Sizemore Insights as Friday Humor: What Is Bitcoin? ...

Shopify may be expensive but it’s still a buy, Canaccord Genuity says

Shares of Shopify (NYSE:SHOP, TSX:SHOP) may be on an extended run, but is there still more upside to Canada’s e-commerce sensation? Definitely, says analyst Richard Davis from Canaccord Genuity, who insists that despite the sky-high valuation, Shopify’s continued high-pace growth means the sto ...

Top Funds' Activity in Q4 2017

Brandon Kochkodin, Hema Parmar and Katia Porzecanski of Bloomberg report, Hedge Funds Are Dumping Facebook and Google:Billionaire David Tepper’s Appaloosa Management more than tripled its stake in Apple Inc. and almost doubled its holding of Facebook Inc. in the final three months of last year.Ap ...

The connectedness of living things: an art/sci project in Saskatchewan: evolutionary biology

Covering this art/sci piece in Saskatchewan proved to be an adventure that led from an evolutionary biologist in Saskatchewan to the Canadian Light Source to 3D models and fish to  fractals and Fibonacci sequences to a Fransaskois video artist and sculptor and to much more. Starting from the end, ...

University of Washington (state) is accelerating nanoscale research with Institute for Nano-Engineered Systems

A December 5, 2017 news item on Nanowerk announced a new research institute at the University of Washington (state), The University of Washington [UW} has launched a new institute aimed at accelerating research at the nanoscale: the Institute for Nano-Engineered Systems, or NanoES. Housed in a new ...

Climate Denier Tim Ball: Trump Approved, But Not Credible Enough To Stand Accountable For Libel

It was gratifying, today, to see a senior justice of the Supreme Court of British Columbia denounce the professional “climate change sceptic” Dr. Tim Ball as incompetent, inattentive and, perhaps, indifferent to the truth. But it was an outrage to see the same judge let Ball so casually off ...

Video: What is the Canadian Association of Professional Sommeliers (CAPS)?

  You won’t want to miss our live video chat with Lesley Brown, new CAPS BC President Join us Sunday, April 8 at 6 pm EST right here (click on this link below): www.nataliemaclean.com/live Click on the “Follow” and “Like” buttons on this Facebook page to get notified when we go live. Clic ...

Two Canadian bank stock buying strategies that have produced amazing returns

There's a strong case to made for picking individual stocks, based on two simple criteria ...

The yield curve: not flattering but not sinister either

The beginning of the year’s sharp rise in interest rates has finally given a jolt to stocks. Although the rise in interest rates is, in many ways, confirmation of a better economic environment, it has prompted many economists to revisit their forecasts. Over the years, I’ve learned what investo ...