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Lenovo and Superfish: Proposed Class Action Proceeds on Privacy Tort and...

A recent privacy decision regarding pre-installed software on laptops may have implications for companies operating not only in the traditional hardware space, but for those companies venturing into...

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European Banking Authority Responds to European Commission Public...

In March 2017, the European Commission issued a public consultation document on Fintech.  The goal of the European Commission (EC) document is to further the objective of a digital single market within...

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Three Cybersecurity Trends Driving the Bank of Canada’s Call for...

The June 2017 Financial System Review released by the Bank of Canada warns that Canada’s financial institutions have reached a point of interconnectedness that could allow a cyber-attack to rapidly...

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Estonian Blockchain-Based ID Card Security Flaw Raises Issues About Identity

On August 30, 2017, an international team of security researchers notified the Estonian government of a security vulnerability affecting the digital use of Estonian ID cards issued to around half of...

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Basel Committee on Banking Supervision Issues Consultative Document...

On August 31, the Basel Committee on Banking Supervision (the “BCBS”) published a consultative document on the implications of Fintech for the financial sector. The consultative document was produced...

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Canadian Securities Administrators Issues Staff Notice providing...

On October 19, 2017, the Canadian Securities Administrators (“CSA”), representing provincial and territorial securities regulators, issued CSA Staff Notice 33-321 – Cyber Security and Social Media (the...

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IIROC Provides Additional Guidance on Proactive Management of Cyber-related...

On January 18, 2018, the Investment Industry Regulatory Organization of Canada (IIROC) released its Compliance Priorities Report for 2017/2018, identifying cybersecurity as a “high priority” issue that...

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Department of Finance Releases Consultation Paper on Canada’s Anti-Money...

Overview The Department of Finance Canada released a consultation paper (the “Paper”) on reviewing Canada’s anti-money laundering (“AML”) and anti-terrorist financing (“ATF”) regime on February 7,...

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2018 Federal Budget: Focus on Data and Data-Driven Technologies

A strong theme in the 2018 federal budget (“Budget”) released last week was its emphasis on data and data-driven technologies…and the corollary theme, keeping data and data-driven technologies secure....

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SEC issues Guidance on Public Company Cybersecurity Risk Disclosures

On Wednesday, February 21, 2018, the United States Securities and Exchange Commission (SEC) published cybersecurity risk disclosure guidance (the SEC Guidance) for public companies to assist them in...

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