New Data Breach Requirements in Canada: How to Best Manage Your RisksDavid, Nathalie
A data breach against financial firm Equifax between May and June 2017 affected more than153 million peoplein Canada, the U.K., and the U.S. It exposed customers’ personal data, including birth dates, driver’s license numbers, names, and Social Security numbers, as well as around 200,00...
Cost of a data breach in different countries worldwide Data breaches impose a big threat for organizations globally. The monetary damage caused by data breaches has increased in many markets in the past decade. In 2023,Canada followedthe U.S. by data breach costs, with an average of 5.13 mi...
Between 2004 and January 2024, internet users in Canada have seen a high number of breaches of different types of data.
A massive data breach last year at Desjardins credit union has turned out to be bigger than originally thought, affecting all 4.2 million of its customers, Canada's largest banking co-operative said Friday.
Instead, it seems, it elected to make a wider statement about data security-related risks in its 2016 SEC filing in an attempt to inform stakeholders about the potential consequences, on the company, of data breaches: “[a] breach in the security of JP Morgan Chase’s systems, or those ...
Data Breach Laws Data breach legislation differs in every country or region. Many countries still do not require organizations to notify authorities in cases of a data breach. In countries like the U.S., Canada, and France, organizations are obliged to notify affected individuals of a data brea...
The cost of a data breach is not easy to define, but as more and more organizations fall victim to attacks and exposures, the financial repercussions are becoming clearer.
A data breach is an incident wherein information is stolen or taken from a system without the knowledge or authorization of the system’s owner. A small company or a large organization may suffer a data breach.
3. Aadhaar Data Breach Date: March 2018 Impact: 1.1 billion people In March of 2018, it became public that the personal details of more than a billion citizens in India stored in the world’s largest biometric database could be bought online. This massive data breach was the result of a...