Main Regulations Affecting Information Security - Canada
GLOBAL: universal regulations or standards, applicable to entities worldwide.
Who's impacted: entities to which the standards or regulations apply.
| Risk Management | Who's impacted? |
|---|---|
Basel II The aim of this regulation is to better align bank capital requirements with underlying risks. Banks are required to monitor, mitigate and disclose risk. |
|
Payment Card Industry (PCI) Data Security Standard The aim of this standard is to provide a single set of security requirements to be used by all payment organizations. Merchants and service providers should use the standard to assess their security status. |
|
| Privacy | Who's impacted? |
Personal Information Protection and Electronic Document Act (PIPEDA) This act establishes a set of 10 "Fair Information Principles" for the collection, use, and disclosure of personal information by organizations during commercial activities. |
|