Clause 24 of Bill S - 4 modifies section 28 of PIPEDA to provide that every organization that knowingly contravenes the new sections of PIPEDA requiring organizations to record and
report breaches of security safeguards or obstructs the Commissioner in the investigation of a complaint or in conducting an audit will now be liable for fines of up to $ 100,000 for indictable offences, or for fines of up to $ 10,000 for offences punishable on summary conviction.
Not exact matches
Finally, the SEC's order finds that Yahoo failed to maintain disclosure controls and procedures designed to ensure that
reports from Yahoo's information
security team concerning cyber
breaches, or the risk
of such
breaches, were properly and timely assessed for potential disclosure.
In fact, 44 percent
of known
breaches in 2014 stemmed from vulnerabilities caused by unpatched code that was two to four years old, showing that many companies are not adequately updating
security patches, according to HP's Cyber Risk
Report.
Additionally, as this story was publishing, the AP
reported, citing unnamed sources, that the Office
of Personnel Management suffered a second, separate data
breach of security clearance data that has exposed the sensitive background information of as many as 2.9 million military and intelligence personnel, including members of the National Security Agency, CIA, military special ope
security clearance data that has exposed the sensitive background information
of as many as 2.9 million military and intelligence personnel, including members
of the National
Security Agency, CIA, military special ope
Security Agency, CIA, military special operations.
According to Verizon's 2015 Data
Breach Investigations
Report, about 50 percent
of all
security incidents — any event that compromises the confidentiality, integrity or availability
of an information asset — are caused by people inside an organization.
Additionally, a quarter
of these executives «are certain that their company will suffer a
security breach in the future,» the
report stated.
The
report likened the businesses executives» lack
of urgency toward protecting their companies from
security breaches to people who smoke cigarettes and «eat bad food» despite knowing that these habits can be dangerous.
In 2016, make sure your email - marketing systems are using the new Domain - based Message Authentication,
Reporting & Conformance (DMARC) standard, and create a plan for notifying your customers in case
of a scam attacking your company's brand or a
breach in your
security.
The United States Postal Service is the latest victim in a long list
of organizations to have recently experienced a data
breach, saying it believes more than 800,000 employees» personal data — including Social
Security numbers, names, dates
of birth, addresses among other information — may have been compromised, the Washington Post
reports.
A
report published by the Ponemon Institute in September 2014 found that almost half
of all U.S. companies have experienced a
security breach of some sort in the past year.
In September, Equifax
reported a massive data
breach, saying hackers may have accessed the personal details, including names and Social
Security numbers,
of more than 143 million consumers from mid-May to July.
Among the factors that could cause actual results to differ materially are the following: (1) worldwide economic, political, and capital markets conditions and other factors beyond the Company's control, including natural and other disasters or climate change affecting the operations
of the Company or its customers and suppliers; (2) the Company's credit ratings and its cost
of capital; (3) competitive conditions and customer preferences; (4) foreign currency exchange rates and fluctuations in those rates; (5) the timing and market acceptance
of new product offerings; (6) the availability and cost
of purchased components, compounds, raw materials and energy (including oil and natural gas and their derivatives) due to shortages, increased demand or supply interruptions (including those caused by natural and other disasters and other events); (7) the impact
of acquisitions, strategic alliances, divestitures, and other unusual events resulting from portfolio management actions and other evolving business strategies, and possible organizational restructuring; (8) generating fewer productivity improvements than estimated; (9) unanticipated problems or delays with the phased implementation
of a global enterprise resource planning (ERP) system, or
security breaches and other disruptions to the Company's information technology infrastructure; (10) financial market risks that may affect the Company's funding obligations under defined benefit pension and postretirement plans; and (11) legal proceedings, including significant developments that could occur in the legal and regulatory proceedings described in the Company's Annual
Report on Form 10 - K for the year ended Dec. 31, 2017, and any subsequent quarterly
reports on Form 10 - Q (the «Reports&r
reports on Form 10 - Q (the «
Reports&r
Reports»).
The firm's 2017 edition
of its annual cybersecurity
report entitled «Cybersecurity Report: Chief Security Officers Reveal True Cost of Breaches And The Actions That Organizations Are Taking,» provides insights based on threat intelligence gathered by Cisco's security experts, combined with input from nearly 3,000 Chief Security Officers (CSOs) and other security operations leaders from businesses in 13 coun
report entitled «Cybersecurity
Report: Chief Security Officers Reveal True Cost of Breaches And The Actions That Organizations Are Taking,» provides insights based on threat intelligence gathered by Cisco's security experts, combined with input from nearly 3,000 Chief Security Officers (CSOs) and other security operations leaders from businesses in 13 coun
Report: Chief
Security Officers Reveal True Cost of Breaches And The Actions That Organizations Are Taking,» provides insights based on threat intelligence gathered by Cisco's security experts, combined with input from nearly 3,000 Chief Security Officers (CSOs) and other security operations leaders from businesses in 13 co
Security Officers Reveal True Cost
of Breaches And The Actions That Organizations Are Taking,» provides insights based on threat intelligence gathered by Cisco's
security experts, combined with input from nearly 3,000 Chief Security Officers (CSOs) and other security operations leaders from businesses in 13 co
security experts, combined with input from nearly 3,000 Chief
Security Officers (CSOs) and other security operations leaders from businesses in 13 co
Security Officers (CSOs) and other
security operations leaders from businesses in 13 co
security operations leaders from businesses in 13 countries.
A recent Deloitte survey
of 138 global technology, media and telecommunications firms named mobile devices as the top
security risk, and three - quarters
of the companies surveyed
reported information
security breaches.
These risks and uncertainties include: fluctuations in U.S. and international economies and currencies, our ability to preserve, grow and leverage our brands, potential negative effects
of material
breaches of our information technology systems if any were to occur, costs associated with, and the successful execution
of, the company's initiatives and plans, the acceptance
of the company's products by our customers, the impact
of competition, coffee, dairy and other raw material prices and availability, the effect
of legal proceedings, and other risks detailed in the company filings with the
Securities and Exchange Commission, including the «Risk Factors» section
of Starbucks Annual
Report on Form 10 - K for the fiscal year ended September 28, 2014.
Leading the latest edition
of the ISMG
Security Report: Cambridge Analytica shuts down, saying it's lost all
of its customers, and Australia's Commonwealth Bank spots a big, bad potential data
breach.
The publication
reported that the current
breach could be the most dangerous
of all since the attackers were able to acquire key personal identification documents — names, addresses, Social
Security numbers and dates
of birth — all at once.
Examples
of these risks, uncertainties and other factors include, but are not limited to the impact
of: adverse general economic and related factors, such as fluctuating or increasing levels
of unemployment, underemployment and the volatility
of fuel prices, declines in the
securities and real estate markets, and perceptions of these conditions that decrease the level of disposable income of consumers or consumer confidence; adverse events impacting the security of travel, such as terrorist acts, armed conflict and threats thereof, acts of piracy, and other international events; the risks and increased costs associated with operating internationally; our expansion into and investments in new markets; breaches in data security or other disturbances to our information technology and other networks; the spread of epidemics and viral outbreaks; adverse incidents involving cruise ships; changes in fuel prices and / or other cruise operating costs; any impairment of our tradenames or goodwill; our hedging strategies; our inability to obtain adequate insurance coverage; our substantial indebtedness, including the ability to raise additional capital to fund our operations, and to generate the necessary amount of cash to service our existing debt; restrictions in the agreements governing our indebtedness that limit our flexibility in operating our business; the significant portion of our assets pledged as collateral under our existing debt agreements and the ability of our creditors to accelerate the repayment of our indebtedness; volatility and disruptions in the global credit and financial markets, which may adversely affect our ability to borrow and could increase our counterparty credit risks, including those under our credit facilities, derivatives, contingent obligations, insurance contracts and new ship progress payment guarantees; fluctuations in foreign currency exchange rates; overcapacity in key markets or globally; our inability to recruit or retain qualified personnel or the loss of key personnel; future changes relating to how external distribution channels sell and market our cruises; our reliance on third parties to provide hotel management services to certain ships and certain other services; delays in our shipbuilding program and ship repairs, maintenance and refurbishments; future increases in the price of, or major changes or reduction in, commercial airline services; seasonal variations in passenger fare rates and occupancy levels at different times of the year; our ability to keep pace with developments in technology; amendments to our collective bargaining agreements for crew members and other employee relation issues; the continued availability of attractive port destinations; pending or threatened litigation, investigations and enforcement actions; changes involving the tax and environmental regulatory regimes in which we operate; and other factors set forth under «Risk Factors» in our most recently filed Annual Report on Form 10 - K and subsequent filings by the Company with the Securities and Exchange C
securities and real estate markets, and perceptions
of these conditions that decrease the level
of disposable income
of consumers or consumer confidence; adverse events impacting the
security of travel, such as terrorist acts, armed conflict and threats thereof, acts
of piracy, and other international events; the risks and increased costs associated with operating internationally; our expansion into and investments in new markets;
breaches in data
security or other disturbances to our information technology and other networks; the spread
of epidemics and viral outbreaks; adverse incidents involving cruise ships; changes in fuel prices and / or other cruise operating costs; any impairment
of our tradenames or goodwill; our hedging strategies; our inability to obtain adequate insurance coverage; our substantial indebtedness, including the ability to raise additional capital to fund our operations, and to generate the necessary amount
of cash to service our existing debt; restrictions in the agreements governing our indebtedness that limit our flexibility in operating our business; the significant portion
of our assets pledged as collateral under our existing debt agreements and the ability
of our creditors to accelerate the repayment
of our indebtedness; volatility and disruptions in the global credit and financial markets, which may adversely affect our ability to borrow and could increase our counterparty credit risks, including those under our credit facilities, derivatives, contingent obligations, insurance contracts and new ship progress payment guarantees; fluctuations in foreign currency exchange rates; overcapacity in key markets or globally; our inability to recruit or retain qualified personnel or the loss
of key personnel; future changes relating to how external distribution channels sell and market our cruises; our reliance on third parties to provide hotel management services to certain ships and certain other services; delays in our shipbuilding program and ship repairs, maintenance and refurbishments; future increases in the price
of, or major changes or reduction in, commercial airline services; seasonal variations in passenger fare rates and occupancy levels at different times
of the year; our ability to keep pace with developments in technology; amendments to our collective bargaining agreements for crew members and other employee relation issues; the continued availability
of attractive port destinations; pending or threatened litigation, investigations and enforcement actions; changes involving the tax and environmental regulatory regimes in which we operate; and other factors set forth under «Risk Factors» in our most recently filed Annual
Report on Form 10 - K and subsequent filings by the Company with the
Securities and Exchange C
Securities and Exchange Commission.
Despite the volume
of threats rising, the
report's findings indicate that more mature
Security Operational Centers (SOCs) are becoming more efficient in detection with greater ability to recover from
breaches than ever before.
Nearly 23 million private records
of New Yorkers have been exposed in data
security breaches reported by more than 3,000 businesses, nonprofits and governments over the past eight years, New York's attorney general
reported.
A DoH spokesperson said: «Since the recent heightened concern about data protection a small number
of trusts [nine] have
reported breaches of their own
security rules.
Scotland Yard has refused to comment on the
reports which, if true, would constitute a
breach of the doctrine introduced by prime minister Harold Wilson which prohibits the
security services from using surveillance methods on politicians.
The state
of New Jersey's Board
of Public Utilities recently adopted stringent rules that would require utilities to develop cyber-response units within their companies and
report regularly on any potential
security breaches.
With the number
of security breaches and cyber-attacks on the rise and
reports of the financial burden
of these varying from $ 400 billion a year to $ 2.1 trillion by 2019, cyber-
security experts may soon have a new tool in the fight against online threats.
During 1993, the US government's Computer Emergency Response Team Coordination Center at Carnegie Mellon University in Pittsburgh received
reports of 1334
security breaches.
The
report, Information
Security at the Department
of Health and Human Services, was prompted by the October 15, 2013 FDA cyber
breach.
In fact, Private Photo Vault has a break - in
report system that automatically captures a photo and sends a GPS location if the app's
security in case
of a
security breach.
Adult online dating site
reports data
security breach of member information --(Reuters)-- An online dating site for adults seeking sexual trysts has been hacked, potentially compromising the personal information
of some
of its 64 million members, the company said on Friday.
According to Brian Krebs
of Security Fix, who reported the security breach, the vulnerability is exploitable through URL manip
Security Fix, who
reported the
security breach, the vulnerability is exploitable through URL manip
security breach, the vulnerability is exploitable through URL manipulation.
Furthermore, certain
breaches need to be
reported to the ICO within 72 hours
of discovery, so schools will need to make sure they have an information risk,
security and management process in place, key to which
of course is their Data Protection Officer and IT management groups.
One
of the 3 major national credit
reporting agencies, Equifax, suffered a data
breach that exposed the lifetime data — names, social
security numbers, credit scores —
of over half the US population.
«Schools should make sure that if they were to suffer a
security breach (where personal data was accessed outside
of the organisation without authorisation) it would be able
report this to the regulator (the Information Commissioner's Office) within 72 hours
of becoming aware
of this
breach.
To get ahead
of the problem and reduce the number
of security breaches on social media, we encourage you to refer to the Smarter Balanced Test Administration Manual (Appendix B) for detailed information on the impact and definition
of incidences as well as the timeline for
reporting these activities.
The massive data
breach has also led to a number
of high - profile departures at the Atlanta - based consumer credit
reporting agency, including its chief executive, chief information officer and chief
security officer.
If you are actively working to build or improve your credit profile or you have been the victim
of identity theft or a
security breach, pulling a
report once every four months might not be enough.
For example, if you received a notification from a company that states your Social
Security number was compromised due to an intrusion, you may need to monitor your credit
report from each
of the three agencies for six months to a year after the
breach.
Another result
of this
breach is that credit
reports now only show partial Social
Security and account numbers as an added layer
of protection, but a criminal who obtains your credit
report illegally can still use it to do plenty
of damage.
The Federal Trade Commission recently issued a statement emphasizing the importance
of credit
reporting agencies taking all necessary steps to protect consumers from the risk
of data
security breaches and identity theft.
White Lodging, which manages dozens
of hotels in the U.S., said it was investigating the
breach, which was first
reported by
security blogger Michael Krebs on Friday.
The news follows
reports yesterday claiming Microsoft's newly launched Xbox Entertainment Awards service has been hit by a
security breach resulting in sensitive information
of voters being compromised.
The cyber
security industry has broadly welcomed a government committee
report on an inquiry into the October 2015 data
breach at TalkTalk that exposed the personal details
of 155,000 customers, but has taken issue with some recommendations.
It seems like all we see these days when we turn on the news are
reports of security and data
breaches in all industry sectors, from commerce to academia to healthcare.
An organization's knowing contravention
of the personal information
security breach reporting, notification (to individuals, but not to organizations or government institutions) and record - keeping obligations is an offence punishable by a fine
of up to $ 100,000.
* Several
of the provincial and the federal privacy commmissioners have guides and instructions for data
breach reporting, with
security suggestions.
Although no data
breaches have been
reported yet, Intel's shares did drop 3 % after confirming the
security flaw, and it appears that Intel CEO Brian Krzanich tried to dodge this bullet, having sold off $ 24 million
of his stock options in December before disclosing the flaw.
A tier 1 disclosure obligates organizations to
report «any material
breach of security safeguards» to the Commissioner (proposed sub-section 10.1 (1)-RRB-.
The regulations do confirm that the data
breach report provided to the commissioner as described above can also be considered a «record»
of the
breach of security safeguards.
If the organization submits a
report regarding a
breach of security safeguards to the Privacy Commissioner, then that
report may be used as a record
of the
breach.
PIPEDA requires that
reports and notifications
of a
breach of security safeguards be given as soon as feasible after the organization determines that the
breach has occurred, and contain prescribed information and be given in the prescribed form and manner.
police, self -
report and self - correct matters that may involve
breaches of Ontario
securities law.