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News InsuranceRiskTechnology

The real reason for spike in cyber claims

June 17, 2019 by Greg Meckbach

The number of reported cyber claims has jumped significantly, but it’s not because of the major breaches you’ve been reading in the headlines. Small to mid-sized organizations are at greater risk of cyber losses than large organizations, A.M. Best Company

News ClaimsClaims CanadaLegalRiskTechnology

How this cyber breach defendant got a six-figure cost award

June 13, 2019 by Greg Meckbach

Defendants who won a class-action lawsuit were recently awarded $166,000 to reimburse them for legal costs, but the plaintiffs are appealing. Casino Rama, located near Orillia, Ont. was the target of a cyber breach in 2016 by an unknown criminal.

News ClaimsLegalTechnology

Nova Scotia Health Authority investigating possible privacy breach

June 10, 2019 THE CANADIAN PRESS

HALIFAX – The personal health information of nearly 3,000 people may have been compromised in a phishing attack, the Nova Scotia Health Authority says. The health authority said Monday that it is investigating a “potential” privacy breach affecting 2,841 patients.

News InsuranceLegal

How landmark voyeurism ruling impacts insurers

February 22, 2019 by Greg Meckbach

If your client is sued for breach of privacy, the judge could look to last week’s voyeurism ruling by the Supreme Court of Canada for guidance, a privacy lawyer suggests. In R. v. Jarvis, released Feb. 14, the Supreme Court

News Legislation / RegulationRiskTechnology

This province lacks ‘reasonable’ cyber security: privacy commissioner

January 15, 2019 Keith Doucette - THE CANADIAN PRESS

HALIFAX – A pair of reports slam the Nova Scotia government for failing to protect personal information, saying the risk management around its freedom-of-information website was inadequate and a privacy breach last year was preventable. In his report released Tuesday

News RiskTechnology

Not all Ontario schools follow this cyber security rule

December 14, 2018 by Greg Meckbach

Some former school board employees can still look at children’s records – including address and date of birth – over the Internet because their access to this system has not been revoked, the Auditor General of Ontario suggested in a

News BrokersLegislation / RegulationTechnology

Why cyber can be a hard sell for brokers

September 24, 2018 by Greg Meckbach

Data breaches are all over the news, but convincing some corporate clients to spend in the neighbourhood of $1,000 a year for insurance coverage can be an uphill battle. Some cyber insurance products cost around $100 a year, but those

News InsuranceTechnology

Regulator reveals reason for electronic pink slips delay

August 28, 2018 by Jason Contant

Police concerns about drivers’ mobile phone privacy rights are a major stumbling block in the introduction of electronic proof of insurance in various parts of the country, provincial financial and insurance regulators have told Canadian Underwriter. Canadian Underwriter recently contacted a

News LegalLegislation / RegulationRiskTechnology

Canadian tech firm flags effect of EU’s new privacy law

August 10, 2018 by Greg Meckbach

New privacy rights for Europeans have changed the way a Canadian multinational business software provider looks at its liability risk. The European General Data Protection Regulation (GDPR) took effect May 25 and makes it mandatory for companies to disclose data

News InsuranceMarkets / Coverages

How the privacy commissioner aligned with mutuals on Bill C-74

May 23, 2018 by David Gambrill

Canadian privacy law as it currently stands may not be enough to protect Canadians if banks are allowed to disclose their customer data to fintechs, Canada’s privacy commissioner told the Canadian Senate Committee on Banking, Trade and Commerce Wednesday. “Financial

News InsuranceMGAsProducts

New MGA promises to “redefine” cyber risk business in Canadian P&C market

May 22, 2018 by Jason Contant

Boxx Insurance, a new managing general agent (MGA) based in Toronto, has launched its flagship product Cyberboxx to help customers comply with the new data privacy legislation expected to become law in November. Federal mandatory data breach regulations will take

News Legislation / Regulation

Data-harvesting firms are exploiting gaps in Canadian law, MPs hear

May 10, 2018 The Canadian Press

OTTAWA – Lawmakers delving into the Facebook data scandal are hearing experts call for substantial regulatory upgrades to protect the privacy of Canadians – as well as warn of democratic and economic risks posed by foreign companies motivated by “surveillance