How Smart is Your Contract? Legal Considerations Around Smart Contracts
In a 2016 report by the World Economic Forum,[1] it was suggested that smart contracts based on blockchain technology could potentially codify financial agreements in a shared platform and guarantee execution based on mutually agreed conditions. This would significantly reduce...
Connected and Protected: Insuring Your Business Against Cyber Breaches
It was not long ago that a company’s cybersecurity plan was centred around the IT department, keeping internal networks protected and staying alert to malware and virus threats. Now, the risks have evolved: as companies have moved to more cloud...
It’s Official: Mandatory Data Breach Notification Coming on November 1, 2018
Last week, the Government of Canada published an Order in Council that will bring into force, as of November 1, 2018, the much anticipated mandatory breach notification and record-keeping requirements under the Personal Information Protection and Electronic Documents Act (“PIPEDA”)....
It’s Official: Mandatory Data Breach Notification Coming on November 1, 2018
Last week, the Government of Canada published an Order in Council that will bring into force, as of November 1, 2018, the much anticipated mandatory breach notification and record-keeping requirements under the Personal Information Protection and Electronic Documents Act (“PIPEDA”)....
Ontario’s Rules for Distributing Securities Abroad: How They May Impact Security Token Offerings
As reported in our previous notice, the Ontario Securities Commission (“OSC”) recently introduced Rule 72-503 Distributions Outside Canada (“Rule 72-503”), which came into force on March 31, 2018, and set out rules applicable to the issuances of securities outside of...
Key Cybersecurity Takeaways from the Privacy Commissioner’s Investigation into VTech
Earlier this year, the Office of the Privacy Commissioner of Canada (the “OPC”) published its findings from the investigation it conducted into the data breach suffered by VTech. The OPC’s findings provide Canadian businesses with some helpful guidance about (i)...
Cybersecurity Considerations When Moving to the Cloud – Part 2
This Article is Part Two of a Two-Part Series Part One provides an overview of the essential elements of the cloud computing ecosystem and describes what it means to be in the cloud. It concludes by setting out the first...
Cybersecurity Considerations When Moving to the Cloud – Part 1
This Article is Part One in a Two-Part Series Many organizations view the cloud as a cost-effective and practical approach when it comes to data processing, access, storage and management. A common misconception among organizations migrating their data to the...
( Available in French only )
Enquête du Commissaire à la protection de vie privée : Leçons en matière de cybersécurité
Récemment, le Commissariat à la protection de la vie privée du Canada (le « Commissariat ») a publié ses conclusions d’enquête concernant la cyber-attaque subie par le manufacturier de jeux vidéo Vtech. Les conclusions d’enquête du Commissariat constituent un guide utile pour...
BIM, Blockchain and the Smart Construction Contract
While the construction industry has traditionally been criticized for being too slow to innovate, the last several years have seen it embrace new business practices, new software and new technologies. The increased use of Building Information Modeling (BIM) is a...