Quick Intelligence Blog

A new survey by the Canadian Internet Registration Authority (CIRA) says that nearly 70 per cent of Canadian organizations facing a ransomware attack last year paid the demands to avoid downtime, reputational damage and other costs. The interesting thing is that when they asked cyber security professionals if they supported legislation to make ransomware payments illegal, 64% said yes.

So, you are a small business owner, and are about to land your first big client. Everything is going well, but before they sign the contract, they hand you a cyber security questionnaire. Now the panic sets in. Does this sound familiar?

Canada’s data privacy law, the Personal Information Protection and Electronic Documents Act, or PIPEDA, governs how private Canadian companies are responsible for the collection, use and disclosure of personally identifiable information (PII) during the course of their regular business activities. PIPEDA fist came into law in 2000 and must be reviewed by parliament every 5 years. The last update to PIPEDA came into law on November 1, 2018, and for the first time, it included regulations for disclosing a cyber security breach.