Surety Matters

Our blog covering the latest in bonds and insurance
Cyber 05.30.2019

How Plan Sponsors can Protect Against Data Breach

You hear about data breaches at giant companies like Equifax and Sony, but did you know that individuals, such as plan sponsors, are extremely vulnerable to cyber attack? What can you as a plan sponsor…
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How Plan Sponsors can Protect Against Data Breach
Cyber 05.30.2019

More Technology Means More Plan Sponsor Cyber Risk

Aon plc’s newly released 2019 Cyber Security Risk Report has identified the biggest threats facing plan sponsors in the technological space and has found that as plan sponsors utilize new technology to speed up information…
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More Technology Means More Plan Sponsor Cyber Risk
Cyber 05.30.2019

Measures Plan Sponsors Can Take to Curb Cyber Attacks

The world of cyber security in employee benefits plans has grown tremendously over the last 20 years. It has evolved from account numbers and firm IDs to more elaborate and useful solutions. So what can…
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Measures Plan Sponsors Can Take to Curb Cyber Attacks
Cyber 05.30.2019

Fiduciary and Cyber Liability Insurance Help You Plan For Tomorrow

It’s taken catastrophes to make people realize that insurance is not just a form of gambling; it helps people and businesses endure. Fiduciary liability insurance and cyber liability insurance may seem like gambling on a…
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Fiduciary and Cyber Liability Insurance Help You Plan For Tomorrow
Cyber 05.30.2019

Small Plan Sponsors More Vulnerable to Data Breach Than Big Companies

You’ve probably heard a lot about data breaches at Equifax and Sony, but did you know that small businesses, including individual plan sponsors, are more vulnerable to cyber attack and data breach than those large…
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Small Plan Sponsors More Vulnerable to Data Breach Than Big Companies
Cyber 05.30.2019

Equifax Took Cybersecurity Seriously, Was Still Hacked

Every organization should take cybersecurity seriously, from the mom and pop shop down the street to Amazon. Equifax CEO Mark Begor testified to the United States Senate that the company took cybersecurity seriously prior to…
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Equifax Took Cybersecurity Seriously, Was Still Hacked
Cyber 05.30.2019

New Jersey Expands Data Breach Laws

New Jersey recently passed a law requiring businesses to notify consumers of online breaches. This, theoretically, would allow consumers to change information to limit attackers’ access to their accounts, such as passwords or usernames. It…
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New Jersey Expands Data Breach Laws
Cyber 05.30.2019

Pension Industry Vulnerable to Cyber Attacks

According to a new report from Moody’s Investors Service, some of the industries most likely to be attacked by cyber attacks are finance, investment, and securities. This includes the retirement and pension industries as all…
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Pension Industry Vulnerable to Cyber Attacks
Cyber 05.30.2019

The Fiduciary Duty of Protecting Against Cyber Attacks

Under ERISA, fiduciaries are subject to the prudent expert standard of care, in which they have to act with diligence, care, and skill an expert under the circumstances in their field would. They also owe…
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The Fiduciary Duty of Protecting Against Cyber Attacks