Enterprises could face penalties under federal cybersecurity bill
OTTAWA — Key enterprises in the banking, telecommunications and transportation industries would be among those required to bolster cybersecurity and report digital attacks — or possibly face penalties — under a federal bill introduced today.
The legislation is intended to flesh out Liberal government efforts to protect critical infrastructure following last month’s announcement that Chinese vendors Huawei Technologies and ZTE will be banned from Canada’s next-generation mobile networks.
The newly tabled bill goes further, taking additional steps to protect infrastructure in the telecommunications, finance, energy and transportation sectors.
The overall goal is to establish a framework to better shield systems vital to national security and give the government new tools to respond to emerging dangers in cyberspace.
The businesses and organizations in each federally regulated sector that fall under the legislation would be determined through coming consultations.
The bill proposes giving regulators the ability to enforce various measures, such as audit powers, fines and even criminal penalties.