Canadian companies that try to hide data breaches could soon face fines under new regulations being proposed by the federal government. The government said studies have found that many people affected by a data breach become victims of identity theft or fraud. Currently, Alberta is the only province where companies are required by law to report data breaches. Data breaches on the riseSome data breaches result from companies not doing enough to prevent them, the government contends. It's difficult to determine, however, how many data breaches have occurred in Canada in recent years.

Source: CBC News September 05, 2017 22:22 UTC