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This reporting alert provides an update of recently issued guidance by Canadian securities regulators on the disclosure of cyber security risks and incidents.
Get your downloadable electronic copy.
Investors are increasingly interested in understanding an organization’s exposure to cyber security risk and the related policies, processes and controls in place to address this risk.
On January 19, 2017, the Canadian Securities Administrators (CSA) published CSA Multilateral Staff Notice 51-347 Disclosure of cyber security risks and incidents (CSA Staff Notice 51-347 or Staff Notice) which outlined expectations for disclosures by reporting issuers relating to cyber security risks and cyber incidents.
This alert also provides considerations for management and boards of reporting issuers when assessing their cyber risk disclosure practices.
It’s said that a crisis brings out the best in people and, in most cases, that’s true. But there is a dark side to tough times, as fraudsters prey on people who are uncertain and looking for easy answers.
March 18, 2020
The federal government’s actions and fiscal support to address the widespread and devastating economic fallout of the COVID-19 pandemic are welcomed by Chartered Professional Accountants of Canada (CPA Canada).
Listen to this special edition Practitioner’s Pulse webinar where we answer some frequently asked questions around practice management issues and some key financial reporting and auditing implications of COVID-19.