Man Charged in Retirement Accounts Theft Case
An individual was recently found guilty of three counts of bank fraud and one count of aggravated identity theft. A federal grand jury charged Hoa Vo of Santa Ana, California, with siphoning hundreds of thousands…
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Is It a Fiduciary Breach not to Have Cyber Liability Insurance?
Under ERISA, fiduciaries are subject to the prudent expert standard of care, in which they have to act with diligence, care, and skill in their field. They also owe a duty of loyalty to plan…
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Plan Sponsors Specifically Threatened by Cyber Attacks
Retirement plans and, specifically, their plan sponsors are being threatened more and more by cyber attacks. Recordkeepers, custodians, and third party administrators are being attacked due to all the valuable personal data they harbor and…
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Mozilla to Block Malicious Downloads in Firefox
To combat the latest cyber-security threats, the company Mozilla stated that its newest version of its Firefox web browser will incorporate an updated malware-blocking service that will verify signatures for the application downloads. If signed,…
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Why Small and medium-sized enterprises are Expanding Cyber Insurance Budgets
During this time of uncertainty, industries are particularly vulnerable to cyber breaches. Last year alone, ransomware targets forfeited over $1.3 billion to hackers, including high-profile victims like hospitals, airlines and retailers. However, small businesses are…
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Twitter Data Leak Exposes Clients
Twitter has just informed their business clients of a potential data breach include phone numbers, email addresses, and card numbers that may have been exposed by hackers. Billing information viewed on Twitter Ads or Twitter…
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Malicious Chrome Extensions Downloaded Millions of Times
Google has deleted scores of fake and malicious Chrome extensions used in a devastating global eavesdropping effort. Identified by Awake Security, the threat was found in 111 of malicious extensions over the last three months….
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FEMA Employee Indicted for Medical Center Hacking
A Michigan man has been charged with hacking into the database of a medical center and swiping over 65,000 employee information. Justin Sean Johnson, an IT Specialist at the Federal Emergency Management Agency (FEMA) was…
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Cancer Care Data Breach Involves 55k Patients
Cancer Care Group, one of the largest privately-owned radiation oncology programs in the United States, has suffered from a serious data breach that swiped patient names and addresses, social security numbers, dates of birth, insurance…
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