BUILDING SUPPLY INDUSTRY ASSOCIATION - Spring 2019 - 10

LEGISLATIVE UPDATE

|

INNOVATION, SCIENCE AND ECONOMIC DEVELOPMENT CANADA NEWS RELEASE

ENSURING THE SAFETY AND
SECURITY OF CANADIANS'
PERSONAL INFORMATION
New requirements for businesses
to report data breaches

T

he Government of Canada
is ensuring that Canada
has strong privacy laws
that safeguard Canadians'
personal information while also
supporting innovation.
In November 2018, new
requirements under commercial
privacy law came into force. These
requirements detail how businesses
will alert individuals if their personal

10

NEWS MAGAZINE | BSIA NEWS | SPRING
2019
24/05/17 4:46 am

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information is lost or stolen and
impose new financial penalties if
this isn't done. These new reporting
requirements and penalties will lead to
more careful protection of Canadians'
personal information and empower
Canadians to protect themselves and
their information.
Under the new requirements,
organizations that experience a
breach of data security safeguards
involving personal information must
take several actions:
* Determine if the breach poses
a real risk of significant harm to
any individual whose personal
information was involved in
the breach.
* Notify affected individuals as soon
as feasible of any breach that poses
a real risk of significant harm.
* Report any data breach posing a
real risk of significant harm to the
Privacy Commissioner of Canada as
soon as possible.
* Where appropriate, notify any
third party that the organization
experiencing the breach believes it
is in a position to mitigate the risk
of harm.
* Maintain a record of any data breach
it becomes aware of and provide
it to the Privacy Commissioner of
Canada upon request.
The financial penalties a company
must pay if it fails to report include
potential fines of up to $100,000
for companies that knowingly fail
to notify individuals or report a
breach to the Office of the Privacy
Commissioner of Canada.

"As a country, in order to reap the
full rewards of the digital economy,
Canadians must feel confident
their data is safe and their privacy
is respected," the Honourable
Navdeep Bains, Minister of Innovation,
Science and Economic Development
said in a news release. "Our
government is establishing new rules
to keep Canadians informed about
the way their data is handled by
companies. These new regulations
will hold companies accountable,
empower Canadian consumers to
protect themselves, and provide
businesses with the type of clear rules
that allow for greater innovation."
The regulations are implemented
under the Personal Information
Protection and Electronic
Documents Act (PIPEDA), Canada's
private-sector privacy law. The Act
sets out the ground rules for how
businesses collect, use or disclose
personal information in the course of
commercial activities.
Guidance material published by the
Office of the Privacy Commissioner of
Canada (available at www.priv.gc.ca)
provides more details for businesses
on how they should comply with their
new obligations.
The collection, retention, use and
disclosure of personal information
by government institutions are
governed by the Privacy Act.
Federal institutions are already
required to report material privacy
breaches to the Office of the Privacy
Commissioner and to the Treasury
Board Secretariat. 


http://www.haneybuilders.com http://www.priv.gc.ca http://www.haneybuilders.com

Table of Contents for the Digital Edition of BUILDING SUPPLY INDUSTRY ASSOCIATION - Spring 2019

https://www.nxtbook.com/naylor/BSPS/BSPQ0320
https://www.nxtbook.com/naylor/BSPS/BSPQ0220
https://www.nxtbook.com/naylor/BSPS/BSPQ0120
https://www.nxtbook.com/naylor/BSPS/BSPQ0419
https://www.nxtbook.com/naylor/BSPS/BSPQ0319
https://www.nxtbook.com/naylor/BSPS/BSPQ0219
https://www.nxtbook.com/naylor/BSPS/BSPQ0119
https://www.nxtbook.com/naylor/BSPS/BSPS0518
https://www.nxtbook.com/naylor/BSPS/BSPS0318
https://www.nxtbook.com/naylor/BSPS/BSPS0218
https://www.nxtbook.com/naylor/BSPS/BSPS0118
https://www.nxtbook.com/naylor/BSPS/BSPS0617
https://www.nxtbook.com/naylor/BSPS/BSPS0517
https://www.nxtbook.com/naylor/BSPS/BSPS0417
https://www.nxtbook.com/naylor/BSPS/BSPS0317
https://www.nxtbookmedia.com