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Learn about the impact of cybersecurity incidents on your business, as well as strategies for effective security practices.
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Cyberthreats and data breaches can cause significant monetary and reputational damage. The revised Personal Information Protection and Electronics Documents Act (PIPEDA) imposes fines up to $100,000 on Canadian businesses that fail to properly notify consumers and the Privacy Commissioner of data breaches. Organizations that are prepared for these security incidents will stand to reap the lion’s share of the benefits, including reduced financial and reputational risks, greater competitiveness, and increased awareness.
In Cybersecurity and Data Protection: Technology Spotlight, Claudiu Popa, CISSP, CIPP, CISA, provides an overview of the impacts from cybersecurity incidents and practical countermeasures for common security risks.
CPA Canada is committed to promoting awareness and understanding of cybersecurity risks. Examples of other resources include publications on developing a risk management program and disclosure practices for cybersecurity and a cybersecurity bulletin for directors, as well as webinars on how to manage cybersecurity risks.
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.