Canada Cybersecurity Compliance

Reduce risk and stay on-top of compliance for your Canada-based organizations.

> Canada Cybersecurity Compliance

Why Compliance Matters for Canadian Businesses

Protecting Sensitive Data
Avoiding Legal and Financial Penalties
Building Customer Trust and Competitive Advantage
Adapting to an Evolving Regulatory Landscape
Supporting Operational Integrity

Mitigating Industry-Specific Risks:

PIPEDA
CIRO Mandatory Cybersecurity Incident Reporting
OSFI Guideline B-13

How Thrive Can Help

Thrive offers scalable, secure IT solutions tailored to meet the unique needs of Canadian businesses. With Thrive’s continuous monitoring and reporting, you gain real-time insights into your IT environment. This ensures your systems are protected and aligned with Canadian regulations, providing businesses with peace of mind.

Our dedicated team of experts ensures your operations run smoothly and efficiently. We optimize your infrastructure for flexibility and growth, empowering you to focus on what matters most.

Key Regulations in Canada

Adhering to stringent cybersecurity regulations is crucial for Canadian businesses to protect sensitive data and maintain customer trust. Compliance also ensures organizations can operate seamlessly across regions while mitigating the risk of cyber threats.

Personal Information Protection and Electronic Documents Act (PIPEDA)

PIPEDA is Canada’s federal privacy regulation governing how private-sector organizations collect, use, and disclose personal information. It impacts all businesses operating in Canada that handle personal data in the course of commercial activities, including the healthcare, retail, and financial sectors.

Key requirements include:

Obtaining consent for data collection
Ensuring data security
Providing individuals with access to their personal information

Canadian Investment Regulatory Organization (CIRO)

The Canadian Investment Regulatory Organization (CIRO) requires investment firms to comply with its mandatory cybersecurity incident reporting regulations. These rules aim to safeguard sensitive financial data and ensure a coordinated response to cyber threats. All investment firms regulated by CIRO, including mutual fund dealers, investment dealers, and their affiliates.

Key requirements include:

Timely reporting
Breach reports
Detailed reports

Office of the Superintendent of Financial Institutions (OSFI) Guideline B-13

The Office of the Superintendent of Financial Institutions (OSFI) Guideline B-13 provides a framework for managing technology and cyber risks to ensure the resilience of federally regulated financial institutions (FRFIs). This regulation applies to banks, insurance companies, and other financial institutions regulated by OSFI.

Key requirements include: