On December 5, 2024, the Canadian Securities Administrators (CSA) released CSA Staff Notice and Consultation 11-348 – Applicability of Canadian Securities Laws and the Use of Artificial Intelligence Systems in Capital Markets (the Notice). The Notice was
cybersecurity
2024 Technology Privacy and Cybersecurity Summit | November 25 – 28, 2024
Norton Rose Fulbright Canada invites you to its leading annual technology, privacy, and cybersecurity virtual summit. Learn how to leverage AI for a competitive edge while mitigating its inherent risks.
This four-part series is tailored for legal professionals, business leaders…
Bill C-26: Advancing towards cybersecurity governance in Canada
Content On September 19, the Senate commenced its second reading of Bill C-26: An Act respecting cyber security, amending the Telecommunications Act and making consequential amendments to other Acts, marking a significant step forward in the legislative process since…
Department of Defense proposes requirements for assessing contractor cybersecurity
Background
On August 15, 2024, the Department of Defense (DoD) proposed amending the Defense Federal Acquisition Regulation Supplement (DFARS) to evaluate contractor cybersecurity (Cybersecurity Assessment Proposed Rule). Contractors already need documented, adequate security for handling sensitive information, but the proposed…
SEC statement clarifies material cybersecurity incident disclosure requirement
SEC final rule on reporting material cybersecurity incidents
In July 2023, the US Securities and Exchange Commission (SEC) finalized its rule requiring public companies to disclose material cybersecurity incidents under Item 1.05 of Form 8-K. Though materiality is not a…
The US government, privacy, and security – recent developments
The United States Federal Government is turning its attention to privacy and cybersecurity laws, and the result has been several recent legal developments that may have an impact on your business. Keeping up with these developments is not easy, so…
CISA issues proposed rules for cyber incident reporting in critical infrastructure
On March 27, 2024, the Cybersecurity and Infrastructure Security Agency (“CISA”) published a Notice of Proposed Rulemaking for the Cyber Incident Reporting for Critical Infrastructure Act of 2022 (“CIRCIA”), which imposes new reporting requirements for entities operating in critical infrastructure…
Biden administration issues Executive Order and takes action to enhance maritime cybersecurity
On February 21, 2024, President Biden signed an Executive Order and issued several federal rules aimed at improving the cybersecurity of U.S. ports and maritime supply chains. The measures introduce new cybersecurity requirements and standards for stakeholders of the U.S.
Managing AI risks and legal implications, effective cybersecurity, ensuring privacy and the integrity of organizational records
In a world where generative AI is driving innovation and technology is outpacing legislation, there’s a lot for companies to consider to maintain operational effectiveness and minimize risk. To help provide some guidance, Norton Rose Fulbright Canada hosted its 2023…
PART II: Legislative advances in the world of artificial intelligence, Canada
On October 5, the Minister of Innovation, Science and Industry (ISED) wrote a letter to the Standing Committee on Industry and Technology proposing amendments to Artificial Intelligence and Data Act (AIDA), which was introduced as part of Bill C-27…