OSFI, the Canadian Federal Office of the Superintendent of Financial Institutions, on August 13, 2021, issued new guidance on Technology and Cyber Security Incident Reporting, replacing prior guidance of March 2019....more
8/31/2021
/ Canada ,
Cyber Attacks ,
Cyber Threats ,
Cybersecurity ,
Data Breach ,
Data Protection ,
Data Security ,
Financial Institutions ,
Financial Services Industry ,
Hackers ,
Personally Identifiable Information ,
Popular ,
Risk Management
Insurer AXA, among Europe's top five insurers, recently announced that it was suspending insurance coverage in France for ransomware extortion payments. AXA said it made this decision in response to concerns raised by French...more
There is a lot of money—both fiat and virtual—in cryptocurrencies.
The growth of these blockchain-based online assets made headlines throughout 2017. The price of Bitcoin, likely the best-known cryptocurrency, rose from...more
The serious WannaCrypt ransomware worm which ran roughshod over internet connected computers worldwide on Friday and Saturday appears to have been stymied, at least temporarily, by security researchers. In the meantime,...more
Your organization will in all likelihood suffer a cyberattack. According to a recent study by Accenture, the average Canadian organization faces about 96 cyberattacks per year, nearly one third of which result in a security...more
2/17/2017
/ Canada ,
Cyber Attacks ,
Cyber Crimes ,
Cybersecurity ,
Data Breach ,
Data Security ,
Directors ,
Hackers ,
Home Depot ,
Information Technology ,
Risk Management ,
Shareholders
In as little as 13 seconds, all of a company's data can be stolen by simply plugging in a USB drive.
Intelligence agencies famously used this approach when uploading the Stuxnet worm at an Iranian nuclear facility, but...more
In the world of cyber hacks and leaks, there are two general categories of players: the fraudsters who steal data in order to obtain a profit, and the “hacktivists” who expose data, purportedly for the greater good....more
5/20/2016
/ Admissible Evidence ,
Ashley Madison ,
Canada ,
Class Action ,
Corporate Counsel ,
Cybersecurity ,
Data Breach ,
Edward Snowden ,
Hackers ,
Panama Papers ,
Popular ,
Rules of Civil Procedure ,
WikiLeaks ,
Young Lawyers