Among the many requirements for 401(k) plans are the timely dissemination of a variety of standard notices to participants. ERISA experts remind us that adhering to notice requirements is critical: failure leaves participants without… Read Moreabout Retirement Plans: Notice Failure?
Together, small businesses are the largest employer in the country—and they are increasingly prioritizing worker well being. For example, according to new research, one in four are responding to the disruption of the pandemic by… Read Moreabout A Rising Priority: Benefits!
Morgan Stanley Smith Barney, a multinational investment bank and financial services giant, is being sued by former and current clients for allegedly failing to make sure account numbers, social security details, and other personal information… Read Moreabout Morgan Stanley Faces Data Breach Lawsuit
The coronavirus pandemic is compelling businesses across all industries to incorporate new and improved cybersecurity measures into their daily activities. A three-month examination from Teiss, a cybersecurity hub, reports that new threats are emerging faster… Read Moreabout COVID-19’s Effect on the Data Breach Terrain
The Federal Bureau of Investigation is surveilling a recent data breach that seized the vital information of coronavirus-positive South Dakota residents. The data breach occurred in June of 2020, and surfaced when a third-party vendor unearthed… Read Moreabout FBI Probes COVID-19 Patient Data Breach
It is commonly understood that data breaches are emerging at a more rapid pace due to the high volume of people working from home and shopping online. Therefore, your company’s response time towards a cyber-breach can be… Read Moreabout Fast Data Breach Response Time Can Salvage Your Company
Millions of customers have just slammed the hotel giant Marriot International with a serious class-action lawsuit, demanding significant compensation after their sensitive information was stolen, in one of the world’s most significant data breaches ever…. Read Moreabout Marriot International Faces Class Action Lawsuit Over Data Breach
Though cybersecurity strategies tend to evolve year to year, there are some basic tactics plan sponsors can utilize to safeguard their plan participant’s personal information. Research indicates that roughly 62% of small and midsize businesses… Read Moreabout 5 Cybersecurity Tactics for Plan Sponsors
Since the dawn of the COVID-19 shutdown that has caused more businesses to a remote environment, cyber-hackers have had ample opportunity to steal plan participant credentials and personal information. The lawsuit, Bartnett v. Abbot Laboratories et al., No…. Read Moreabout Lawsuit Alleges Plan Sponsor Need to Plan Better for Cyber-attacks
