Our goal is to cut through the hype and noise, while zeroing in on how AI and its evolving regulation will impact your business, your competitors and the markets in which you operate....more
4/12/2024
/ Artificial Intelligence ,
Board Members ,
Business Operations ,
Business Opportunities ,
Business Strategies ,
Canada ,
Change Management ,
Code of Conduct ,
Continuing Legal Education ,
Corporate Governance ,
Duty of Care ,
Privacy Laws ,
Risk Management ,
Strategic Planning ,
Webinars
In today's rapidly evolving technological landscape, the emergence of generative artificial intelligence (GenAI) presents both opportunities and challenges for investors, founders and companies alike. With GenAI generating...more
On November 9, 2021, the Office of the Superintendent of Financial Institutions (OFSI) launched a three-month public consultation on the Draft Guideline B-13: Technology and Cyber Risk Management....more
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
Between 2016 and 2019, Business Email Compromise (BEC) scams cost American organizations US$3.1 billion in losses and Canadian organizations US$33.6 million. This type of pervasive scam targets large and small businesses...more
10/8/2019
/ Business E-Mail Compromise (BEC) ,
CEOs ,
Cyber Attacks ,
Cybersecurity ,
Email Policies ,
Fraud ,
Internal Controls ,
Popular ,
Risk Management ,
Scams ,
Small Business ,
Vulnerability Assessments
As the digital landscape evolves, and the commoditization of personal information increases, expectations as to what constitutes appropriate consent for the collection, use and disclosure of personal information in Canada are...more
We had a packed house for our Cyber Time: Crash Course for Directors and Officers event this week at the Bennett Jones Calgary office. The half-day session covered current cyber threats facing businesses today, litigation...more
What are the emerging patterns and risks for cybersecurity in Canada, the United States, European Union and Australia? A global panel shared their views and predictions at last week’s 64th Pacific Rim Advisory Council (PRAC)...more
It's not the kind of news a retail giant wants to make. In May 2017, Target agreed to a $18.5-million settlement to resolve a 47-state investigation into a massive 2013 hack. This settlement put Target's total cost of the...more
No organization is immune from cyberattacks. They have become an inevitable business risk for companies large and small. In today’s Globe and Mail, the Canada Research Chair in Cybersecurity, Benoît Dupont, says that “even...more
The recent global ransomware attack (WannaCry) was yet another reminder of the increased threat posed by cyber breaches. While cybersecurity attacks are inevitable, organizations (and their directors and officers) may still...more
Cybersecurity is a significant business risk for any organization that collects personal data. The greater the amount of personal data collected by an organization, the greater the risk that it will be targeted by...more
While corporate executives are increasingly becoming aware of their obligation to be informed of cybersecurity threats and the steps being taken by their company to prevent data breaches, it is equally important for...more
Names, emails, credit card numbers, and home addresses: chances are good that your business collects client data with information that is valuable to hackers on the black market. A hacker will at some point try to access...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 2016, cybersecurity continued to grow as a primary business risk for companies worldwide. Data breaches continued to escalate both in number and magnitude and the landscape of legal and regulatory liability evolved and...more
2/10/2017
/ Ashley Madison ,
Bitcoin ,
Breach Notification Rule ,
Canada ,
Class Action ,
Cyber Insurance ,
Cybersecurity ,
Data Breach ,
Popular ,
Ransomware ,
Risk Assessment ,
Risk Management ,
Yahoo!
The threat of commercial crime against companies is transforming. Technology has created new and innovative ways for fraudsters to exploit individuals and companies through cyber attacks. This new face of fraud can give rise...more
2/5/2016
/ Anthem Insurance ,
Ashley Madison ,
Blue Cross ,
Canada ,
Competition Authorities ,
Cyber Attacks ,
Data Breach ,
Federal Trade Commission (FTC) ,
Home Depot ,
Neiman Marcus ,
Personal Liability ,
PIPEDA ,
Risk Management ,
Sony ,
Target