The firm failed to adopt recommendations from regulator, internal auditors
Evidence released by the regulator is being used in a potential class action
Industry group says added provincial rules not needed
Industry group argues aspects of bill unworkable, unrealistic
Why strengthening personal data protections poses a looming challenge for the Canadian investment industry
The IIAC argues the proposals will “impose a significant burden on both firms and clients that will not afford additional investor protection”
Senate banking committee report makes recommendations following hearings
Privacy commissioner will determine whether the agency’s plan is lawful or not
Committee hearing expected on Nov. 8
A major motivation for businesses is the risk of being sued by those harmed by a privacy breach