3 Things You Need to Know About E-Delivery
With the devastating pandemic currently transpiring, it’s understandable if you have not kept up with the Labor Department’s final say on default electronic disclosure. Launched on May 21st, this rule includes new modifications in response…
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Detrimental Assumptions Plan Sponsors Make
When it comes to managing an employee benefit plan, even if a plan sponsor commits a very small plan violation, such an incident can result in hefty ERISA penalties. Even failing to file Form 5500…
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Eleventh Circuit Releases Long-Awaited Decision on ERISA Sanctions
The Eleventh Circuit just confirmed their outlook on the Employee Retirement Income Security Act of 1974, or ERISA. The new decision in Williamson v. Travelport, LP 953 F. 3d 1278 (11th Cir. 2020), illuminated the latitude…
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TPAs Risk Drowning Without Efficient Technology
The role of the third-party administrator has changed greatly over the last decade. TPAs had to learn to become more efficient and provide more cost reduction than their competition in order to maintain business. Because…
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Study: 25% of Small Businesses Don’t Know Where to Start on Cybersecurity
Keeper Security’s 2019 SMB Cyberthreat Study has been released and there’s one particularly alarming statistic: of the small businesses surveyed, 25% have “no idea where to start” when formulating a cyber attack prevention strategy. Preventing…
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Study: Small Businesses Not Taking Cybersecurity Seriously Enough
According to the Keeper Security 2019 SMB Cyberthreat Study, companies with fewer than 500 employees just aren’t taking the cyber attacker threat seriously enough. Over 40% of all cyberattacks target small to medium-sized businesses according…
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StockX Hack Shows Smaller Businesses Are Vulnerable to Cyber Attacks
The hacks and cyber-attacks you hear about usually involve giant companies like Equifax and Sony. But startup and smaller companies can be vulnerable as well, as shown by the StockX hack. StockX is an online…
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Small Businesses Aren’t Sure Who Should Handle Cybersecurity
One of the biggest impediments to implementing proper cybersecurity measures at small businesses is that those small businesses don’t seem to have any idea who should be in charge of cybersecurity. According to Keeper Security’s…
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Even If Your Information Doesn’t Seem Valuable, Cyber Attacks Will Still Steal It
You may think that the information you’re storing for your business or plan isn’t that valuable. You may not be storing things like credit card numbers or payment credentials, but cyber attackers will still attempt…
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