The Pension Specialists Breach Exposes Data of 71,000 Participants
The external system breach exposed participants’ names and Social Security numbers.
Tag: cybersecurity
What Is a Proper Cybersecurity Policy for a Retirement Plan?
Plan fiduciaries should consider third-party audits, multi-factor authentication, cyber insurance and more when developing a written cybersecurity policy.
Fidelity Identifies Unauthorized Activity Affecting University of California Retirement Accounts
Retirement plan participants at UC Davis and other UC schools were impacted by fraudulent cyber activity.
What is a SOC Report and Why Should Plan Sponsors Know About Them?
Requesting service organization control reports from service providers is an important part of the vetting process when looking to ensure...
Public Sector Increasingly Relies on CISOs Amid Continued Digital Threats
According to a Deloitte-NASCIO survey, these executives are leading state and local governments’ responses to the constant threat of cyberattack.
Benefits |
Infosys Breach Affects TIAA
Nearly 9,000 individuals were swept up in the Infosys McCamish hack that also hit other plan providers.
Insider Threats: Are Disgruntled Employees a Cybersecurity Risk?
Limiting access, creating protocols aimed at keeping data safe can mitigate sabotage.
A Guide to Buying and Maintaining Cyberinsurance
Now more than ever, plan sponsors need to understand what types of coverage are available and what will fit them...
Plan Security Relies on Vetting 3rd-Party Providers
As 3rd-party subcontractors continue to experience data breaches, plan sponsors must ensure they are asking the right questions about their...
November 2023 Infosys Hacking Breach Exposed Personal Information of 6 Million People
T. Rowe Price Retirement Plan Services, New York Life Group Benefit Solutions and Oceanview Life and Annuity Co. filed a...
DOL Clarifies Scope of Cybersecurity Guidance
Updated cybersecurity guidance from EBSA extends to all employee retirement benefit plans and health and welfare plans.
Pentegra Adds 2 Cybersecurity Experts to Board of Directors
The new board members have expertise in cyber risk management, policy development and regulatory compliance.
M&A Activity, Poor Service Quality Trigger Plan Sponsors to Switch Providers
When dealing with employers going through a merger or acquisition, recordkeepers need to be flexible and offer a wide range...
PSNC 2024: Lisa Gomez Talks Cybersecurity, AI, Retirement Security Rule
The Department of Labor remains focused on creating a missing participants database, as well as providing guidance on cybersecurity and...
Participant Sues J.P. Morgan Over Data Breach
J.P. Morgan Chase & Co. was accused in a new lawsuit of not having sufficient procedures in place to prevent...
Plaintiffs Request Judge Approve Settlement in ERISA Data Breach Lawsuit
Attorneys for the plaintiffs in a case about cybersecurity liability for participant data asked a Georgia federal judge for final...
Benefits |
Executive Benefits Remain Key to Attracting, Retaining Talent
Non-cash benefits for highly paid executives that promote both physical and fiscal health are valuable offerings to attract and retain...
Benefits |
EBSA’s Lisa Gomez Talks DOL 2024 Agenda
The Department of Labor keeps working to implement provisions of 2022’s SECURE 2.0 Act alongside further rules for retirement and...
Report: DOL Information Security Needs Improvement
An audit of the Department of Labor’s program determined it is ineffective.
Infosys Breach Resolved for Some Nonqual, Insurance Providers
After a ransomware breach knocked out systems on November 2, accounts are back after a month of shutdown, according to...