Challenges and Opportunities in Combatting Cyber Fraud in Canada
Fraud Summit - Toronto 2014 - The vast majority of apprehended cyber fraudsters are not successfully prosecuted, in large part due to a body of law unprepared for the challenges of handling modern, high tech crime.
Now, with comprehensive updates and unprecedented reforms to privacy law, anti-malware, banking, financial reporting legislation the Canadian legal system may be better positioned to identify, convict and deter more cybercriminals than ever before.
This exclusive expert panel discussion will expose:
- The key aspects of current & upcoming legislation for prosecuting cyberfraud
- How best to prepare for the changes (i.e. evidence protection, breach investigation)
- How does the international legal landscape compare with the Canadian system
Canada is considering adopting tougher data security and cybercrime legislation that could serve as a model for other nations. Legislators are debating about a proposal to revamp existing legislation to ensure it not only protects consumer privacy, but also gives law enforcement the investigative power it needs to bring some of the world's leading cybercrime rings to justice. The proposal also calls for tougher penalties for cybercrime.
Countries throughout the world have widely varying, and often conflicting, data protection and privacy laws that sometimes can hinder international cybercrime-fighting efforts. Canada's legislative efforts, if successful, could serve as a model for other data protection laws throughout the world.
During this panel discussion, Claudiu Popa CEO, Informatica Security, & Founder, KnowledgeFlow and panelists Fred Hopper, Director of Security at Giesecke & Devrient Canada and John Wunderlich, President of John Wunderlich & Associates, will review Canadian cybercrime regulations from a global perspective. The discussion will review:
- Why the vast majority of cybercrime leaders who are apprehended are not successfully prosecuted;
- Why varying international laws related to cybercrime are often to blame;
- Steps Canadian organizations are taking now to enhance information sharing, even without legislation;
- Why more public education about cybercrime is needed; and
- The types of breach-detection technologies all companies should be implementing.