Person pressing a security lock button

New Cyber Incident Reporting Rules for Canadian Organizations

New Cyber Incident Reporting Rules for Canadian Organizations

Synopsis
3 Minute Read

MNP can help organizations prepare for new cyber gecurity regulations governing mandatory breach reporting, effective November 1, 2018.

Effective November 1, 2018, Canadian organizations will be subject to new federal regulations mandating compulsory breach reporting in the event of a cyber security incident which could potentially lead to “real risk of significant harm.”

An amendment to the Digital Privacy Act (DPA) and the Personal Information Protection and Electronic Documents Act (PIPEDA) – the Breach of Security Safeguards Regulations will require all Canadian organizations (or organizations which collect, use or disclose personal information as part of their commercial activity in Canada) to report data breaches both to federal regulators and affected parties.

As a leading national cyber security services provider, MNP is well-equipped to help organizations prepare for this transition. Whether you’re concerned about your resilience to a cyber security threat or need to revise your incident response guidelines to align with new regulations, our team can help you assess, prioritize and implement a practical and effective information security program.

For more information about the Mandatory Breach Notification Reporting guidelines, download our factsheet.

MNP also offers an Ethics Alert Services program which may offer an added level of integrity and reputation management for your business. To learn more, download our factsheet.

Preparation Starts Now

Businesses will need to prepare early to satisfy this new federal mandate. Discover how MNP can help you create an effective cyber incident management process. Contact Danny Timmins, National Leader, Cyber Security at 905.607.9777 or [email protected]

Insights

  • Performance

    August 29, 2024

    Understanding Canadian indirect tax implications for e-commerce

    As e-commerce continues to grow, navigating Canadian sales tax regulations has become a new challenge for many businesses.

  • Confidence

    August 28, 2024

    Investment fraud schemes: A guide to protecting your assets

    Investment fraud is a growing threat that can deceive even the most cautious investors, leaving devastating financial impacts in its wake.

  • Confidence

    August 26, 2024

    What do the new IIA standards mean for your organization?

    The IIA has unveiled a game-changing set of global internal audit standards, pushing the limits of what internal auditing can achieve.