Tag: retirement plan cybersecurity

A retirement plan participant says that, since the data breach, his personal information has been used to make fraudulent purchases...

A Department of Labor investigation was prompted, in part, by its discovery that Alight had processed unauthorized distributions from retirement...

What questions should defined benefit plan officials ask about their cybersecurity protocols?

The BPAStify tool uses a live video identity verification process.

More than three-quarters of retirement plan specialist advisers selected cybersecurity practices as a top consideration when selecting a recordkeeper, Cerulli...

Principals with Groom Law Group discuss steps retirement plan sponsors can take to avoid or be prepared for a DOL...

The product offers protection of assets from claims of fiduciary breach and cyber liability coverage.

Keeping participant data accurate could help plan sponsors avoid dealing with missing participants or a cybersecurity attack.

Jeanne Klinefelter Wilson, with Groom Law Group, discusses how to help participants avoid the nightmare of losing their DC plan...

Attorneys say the requests plan fiduciaries have received ask for a broad amount of information and documentation, and they urge...

Experts share insights about implementing the guidance and warn that plan sponsors can expect investigations from the agency now that...

The broker/dealer has agreed to a $1.5 million fine, a censure and an order to cease and desist from future...

It could be helpful to hire a third-party specialist to do a risk assessment of the handling of participant data.

The court rejected claims in the amended complaint that Abbott’s decision to hire Alight Solutions, another defendant in the case,...

The lawsuit claims the trustee allowed an unauthorized person to take a distribution from a participant’s account and that the...

Previously dismissed from the lawsuit, Abbott is accused in an amended complaint of failing to monitor its recordkeeper and failing...

However, a federal judge did not dismiss claims against the recordkeeper for the Abbott Laboratories Stock Retirement Plan.

A federal grand jury has indicted an Orange County man for fraudulently obtaining access to Boeing employees’ retirement accounts and...