Canada's banking regulator recently updated its Technology and Cyber Security Incident Reporting requirements for financial institutions to disclose and report cybersecurity incidents. And, for the first time since 2013, it updated its Cyber Security Self-Assessment tool.
Federal privacy laws are getting an update. The federal government has introduced a new bill which proposes to tighten and clarify the law around the protection of personal information and personal privacy and also give enforcement more teeth.
On March 20, 2020, the Office of the Privacy Commissioner of Canada issued guidance to help organizations subject to federal privacy laws understand their privacy-related obligations during the COVID-19 outbreak. The assistance comes as the outbreak raises questions about privacy issues during a pandemic.