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https://www.letsnurture.ca/blog/3-changes-to-canadian-privacy-law-that-will-impact-business-ai-healthcare.html

3 Changes to Canadian Privacy Law That Will Impact Business, AI, & Healthcare

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https://www.letsnurture.ca/blog/3-changes-to-canadian-privacy-law-that-will-impact-business-ai-healthcare.html

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  1. GET A PROPOSAL  3 Changes to Canadian Privacy Law That Will Impact Business, AI, & Healthcare In Lets Nurture  218 VIEWS 07 Jan. 21 Whether you are a new Canadian startup looking to break into the healthcare app or arti몭cial intelligence markets, a large enterprise that deals in a lot of consumer data, or a business within the science or education technology sectors, you may 몭nd it harder to comply with Canadian privacy legislation. The government of Canada has announced that they will be making several major and minor changes to Canadian privacy law, with 3 of the most important ones impacting several large sectors. Here is what you need to know! 1. Privacy Protections are set to Increase. The Minister of Innovation, Science, and Economic Development, the Honourable Navdeep Bains has introduced the Consumer Privacy Protection Act, which proposes a new bill to We use cookies to give you tailored experiences on our website. Talk to us for COVID19 Support Okay

  2. We use cookies to give you tailored experiences on our website. Talk to us for COVID19 SupportWe use cookies to give you tailored experiences on our website. Talk to us for COVID19 Support Okay upgrade the Federal Government’s framework for protecting personal information in private sectors.  What does this bill do? This bill looks at enhancing the control over both personal information and corresponding data at the highest level.  Why is this important? It means that companies will need to be aggressive and transparent about the collection of personal information and how it is used and stored. It also introduces a 몭ne for any company that is not compliant with the Customer Consumer Privacy Protection Act. The 몭ne is up to 5% of global revenues or up to $25 million.  What does this mean? If passed, it gives the privacy commissioner the ability to handle Canadian privacy law violation cases without any outside in몭uence. 2. AI Tech will be Regulated. The Privacy Commissioner of Canada, Daniel Therrien, introduced steps in November 2020 for ways to regulate arti몭cial intelligence. He believes that arti몭cial intelligence has massive potential but that it needs to be implemented with respect to human rights and security policies. With a “rights-based” approach, Daniel Therrien believes that AI Tech can be developed responsibly.  Why is this important? The current use of AI Tech is to decipher meaningful patterns in historical data to help make predictions about future events. This could be anything from the trend of insurance premiums to how many people qualify for loans. With tech that can use data in this manner, the lives of real people can be truly impacted.

  3. 3. There Are Privacy Concerns Around Telemedicine & EdTech. With the ongoing pandemic, new ways of adopting existing and new technologies have given way to privacy concerns in healthcare and education technology, according to Canada’s Privacy Commissioner.  Why is this important? Canadian Privacy Law currently does not protect Canadians against privacy risks in the telemedicine and education technology sectors. Thus, major changes are being suggested to improve the legislation.  What would be impacted? Businesses running healthcare apps, video conferencing technology, and e-learning platforms will need to comply with new legislation that is passed. As of right now, platforms in telemedicine, education, and video conferencing capture critical personal information of adults, students, and patients, posing con몭dentiality risks. If you are a business within these sectors, you will need to make note of what the changes are in the privacy laws and when they come into effect, as you will be required to comply. To know more about the changes regarding the changes to canadian Privacy Law that will impact business, AI, & Healthcare, please contact us.

  4. « How to Set Up a Google AdWords Campaign for Your Business 9 B2B Trends Shaping e-Commerce in 2021: What to Look Out For » Sign up our Newsletter! SUBMIT  Author Posted by Lets Nurture  Name* Email* Mobile No.*

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