The Digital Privacy Act and Your Business
Formally known as S-4, the Digital Privacy Act received Royal Assent in June 2015. This resulted in numerous changes to Canada’s federal private sector privacy law, the Personal Information Protection and Electronic Documents Act (PIPEDA)¹.
How Does The Digital Privacy Act Affect My Business
These changes have an affect on a business’ requirements when it comes to cyber breaches. PIPEDA stats that businesses are required to implement certain Safeguards to protect personal information. The type of storage is determined by the business due to the level of security needed, this means the amount, distribution, format of information, and method of storage are all subject to the sensitivity of the information. PIPEDA also requires technological measures, for example, the use of passwords and encryption².
How Can I Protect My Business Against A Cyber Breach?
Businesses can prepare their data for cyber breaches by investing in the correct resources. Working with a cyber security company and including proper cyber security such as firewalls. Educating staff on proper passwords protocols, as well as training on spotting phishing and spam emails before they are open, and attachments clicked. Preparing for a breach with Cyber Insurance. Working with a Cyber Insurance Specialist at Leibel Insurance Group can help your business understand how to protect yourself against cyber risks.