01-27 GENERALS WINTER25 FINAL EDIT (JAN 25) - Flipbook - Page 18
INNOVATION
Beyond regulatory penalties, noncompliant companies face additional
consequences: public disclosure of
violations, reputational damage, contract
termination by clients, and disquali昀椀cation
from future critical infrastructure projects.
Notably, companies cannot recover
昀椀nancial losses incurred from compliance
orders—there is no compensation for costs
imposed by ministerial directives.
What Construction Companies Must Do Now
Given the magnitude of potential penalties
and the competitive implications of
non-compliance, construction companies
should take immediate action. Here's a
practical roadmap:
2. CONDUCT A CYBERSECURITY GAP ANALYSIS
Evaluate your current cybersecurity
posture against frameworks like NIST
CSF, ISO 27001, or CIS Controls. Document
existing policies, assess technical controls,
review employee training programs, and
identify vulnerabilities. This gap analysis
becomes your compliance roadmap and
helps quantify required investments.
3. IMPLEMENT FOUNDATIONAL CONTROLS
Start with high-impact, relatively low-cost
security measures:
Deploy multi-factor authentication
(MFA) across all systems
1. ASSESS YOUR EXPOSURE
Implement endpoint protection on all
devices
Establish email security and antiphishing measures
Deploy automated backup solutions with
offsite storage
Launch employee cybersecurity
awareness training
4. DEVELOP FORMAL CYBERSECURITY POLICIES
Create written policies covering
information security, acceptable use,
access control, data handling, incident
response, and vendor management. These
documents demonstrate organizational
commitment to cybersecurity and provide
the foundation for employee training and
vendor requirements.
5. ESTABLISH INCIDENT RESPONSE CAPABILITIES
Identify which clients or projects fall
under Bill C-8 regulation. Review your
current portfolio for designated operators
in telecommunications, energy, 昀椀nancial
services, transportation, and nuclear
sectors. Calculate what percentage of your
revenue comes from critical infrastructure
work. This analysis will determine the
urgency and scale of your compliance
investment.
"The cost of compliance pales
in comparison to the cost of
non-compliance: $15 million
per day in potential fines, plus
lost business opportunities."
Develop an incident response plan
covering detection, analysis, containment,
eradication, recovery, and communication.
Your plan must address the 72-hour
reporting window designated operators
face—meaning you may need to notify
clients within 24 hours to give them time
to meet their own obligations.
6. CONSIDER CERTIFICATION
SOC 2 Type II or ISO 27001 certi昀椀cation
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