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Displaying 92 results for: Cyber Breach
Cyber for Plan Sponsors 06.23.2020

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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FEMA Employee Indicted for Medical Center Hacking
Cyber for Plan Sponsors 06.23.2020

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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Cancer Care Data Breach Involves 55k Patients
Cyber for Plan Sponsors 06.22.2020

North Korean COVID-19 Phishing Scandal Targets US

Security experts are sounding the alarm on a multi-country North Korean phishing effort created to sponge off of government COVID-19 bail-out initiatives. Pyongyang’s Lazarus Group’s latest operation is designed to “impersonate government agencies, departments, and…
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North Korean COVID-19 Phishing Scandal Targets US
Cyber for Plan Sponsors 06.22.2020

Bank of America Discovers Data Breach in PPP Application Process

Bank of America Corporation has informed its customers of a serious data breach affecting those who have applied for the Paycheck Protection Program (PPP).  On April 22, client information was left vulnerable when the bank…
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Bank of America Discovers Data Breach in PPP Application Process
ERISA 06.10.2020

401(k) Plan Administrators: Beware of Increasing Identity Fraud

According to Javelin Strategy & Research’s 2020 Identity Fraud Report, digital criminals are targeting the financial services industry and their devastating tactics will negatively impact customers throughout the next 12 months. The study amplifies that…
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401(k) Plan Administrators: Beware of Increasing Identity Fraud
Cyber for Plan Sponsors 06.09.2020

Safeguard Your Remote Workplace with Cyber Liability Insurance

A cyber-attack can not online bring your remote workforce to its knees, but damage your company for years to come. Operational continuity is paramount for establishments at the peak of fruitfulness, and during this pandemic,…
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Safeguard Your Remote Workplace with Cyber Liability Insurance
ERISA 06.03.2020

Fiduciary Liability Claims and “Silent Cyber” Coverage

A vital concern sweeping businesses across the country is a term called “silent cyber”, or the coverage for cyber devastation under traditional property and casualty insurance policies, in contrast to purpose-built cyber insurance policies. A…
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Fiduciary Liability Claims and “Silent Cyber” Coverage
ERISA 04.22.2020

Putnam Settles for $12.5 Million in ERISA Case

In recent ERISA litigation headlines, there was a monumental divide between the nation’s courts in determining who exactly bears the burden of proof in a lawsuit. The original case, Brotherston v. Putnam Investments, LLC was…
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Putnam Settles for $12.5 Million in ERISA Case
Cyber for Plan Sponsors 04.16.2020

Plan Sponsor Cybersecurity Responsibilities

If you are a plan sponsor, you set up retirement plans for your employees. Retirement benefit plan administrators harbor personal information of employees, like social security numbers and email addresses, in myriad electronic records. Plan…
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Plan Sponsor Cybersecurity Responsibilities