Canada's CAs offer guidance to help prevent data breaches



    TORONTO, Sept. 3 /CNW/ - A new toolkit from the Canadian Institute of
Chartered Accountants (CICA) is designed to help organizations be proactive in
identifying data security and privacy risks.
    The toolkit titled "The Canadian Privacy and Data Security Toolkit for
Small and Medium Enterprises" was authored by Claudiu Popa, a security
industry veteran and President of Informatica Security Corporation, a Canadian
provider of information risk management, security and privacy consulting.
    The special CICA publication features a foreword written by Jennifer
Stoddart, Privacy Commissioner of Canada and an introductory chapter by Dr.
Ann Cavoukian, Information and Privacy Commissioner of Ontario.
    "Toolkits like these can serve as valuable resources for small- and
medium-sized enterprises," said Stoddart. "While technological advances offer
undeniable benefits in terms of convenience and efficiency, they also provide
organizations with the ability to collect, access and manipulate personal data
on a scale that was until recent times unimaginable. New guidance to assist in
adequately protecting this sensitive information is most welcome."
    "One of the most daunting challenges facing businesses today relates to
poor information management practices," said Cavoukian. "The majority of
privacy breaches occur largely because of this failing, especially relating to
the storage and retention of the ever-increasing volume of personally
identifiable information. That is why all organizations need to develop and
maintain strong privacy policies and procedures for the protection of personal
information and data security, before a privacy breach occurs."

    
    The Privacy and Data Security Toolkit offers a number of valuable
resources:

    -   a comprehensive self-assessment to help determine your organization's
        information risks
    -   ready-to-use advice on privacy and security risks in key areas such
        as accounts payable, sales and marketing
    -   a resource-filled CD-ROM containing checklists, informative articles,
        training templates and a customizable privacy policy
    

    "The costs of reacting to breaches almost always exceed those of adopting
proactive measures to prevent such situations in the first place," stressed
Cairine Wilson, Vice-President, Member Services, CICA. "A privacy breach can
trigger unpredictable costs incurred in immediately notifying all affected
parties, preserving their trust and correcting the situation."
    The CICA toolkit is available in both English and French. More
information is available at www.cica.ca/privacy.

    The Canadian Institute of Chartered Accountants (CICA)

    The CICA, together with the provincial, territorial and Bermuda
Institutes/Ordre of Chartered Accountants, represents a membership of
approximately 75,000 CAs and 12,000 students in Canada and Bermuda. The CICA
conducts research into current business issues and supports the setting of
accounting, auditing and assurance standards for business, not-for-profit
organizations and government. It issues guidance on control and governance,
publishes professional literature, develops continuing education programs and
represents the CA profession nationally and internationally. CICA is a
founding member of the International Federation of Accountants (IFAC) and the
Global Accounting Alliance (GAA).





For further information:

For further information: or to arrange an interview, contact: Tobin
Lambie, Manager, Media, CICA, (416) 204-3228, tobin.lambie@cica.ca

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Canadian Institute of Chartered Accountants

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