10 tips to avoid cyber attacks
Business owners and managers must understand the risks and ramifications for not having a security plan in place.
Data security
Benefits Think What happens if a retirement plan incurs a data breach
The ERISA Advisory Council addresses the looming risks of cyber theft and ransomware, argues attorneys Larry R. Goldstein and Maria P. Rasmussen,.
Larry R. Goldstein
McGuireWoods LLP
Symantec to buy LifeLock for $2.3B
One of the world’s largest cybersecurity companies agrees to buy identity-theft protection services company for about $2.3 billion including debt to expand in services for identity protection.
By
Kiel Porter
Benefits Think Avoid being the next target for a HIPAA breach
The Office for Civil Rights will begin investigating breaches or protected health information that affect less than 500 individuals, says attorney Sheryl Feutz-Harter.
Sheryl Feutz-Harter
Bryan Cave LLP
Why advisers must care that 4-in-10 employees would sell their password for less than $1K
When it comes to workplace security and identity protection, employers are increasingly turning to their brokers for solutions, says EZ Shield’s Angela Murphy.
Are benefit advisers ripe for the next big hack attack?
After high profile breaches at Sony, Target and Yahoo, the next victims could be the insurance community. The target: employee Social Security numbers.
Benefits Think Cybersecurity and the role of ERISA fiduciaries
Fiduciaries who do not follow security standards may be personally liable to restore losses to plan participant benefits.
Christy Richardson
Pillsbury
Healthcare a prime target as ransomware threat widens
As payoffs grow, hackers are mounting more sophisticated attacks, and threats are increasingly pernicious, says FTC Chairwoman Edith Ramirez.
Benefits Think 6 tips for advisers to keep data secure
Technology has opened brokers up to liabilities and compliance nightmares through data breaches, hackers, and other cyber security risks.
Mike de Waal
Global IQX
5 challenges when working with HR tech solutions
Despite a push toward these options, there are issues that have arisen, explains Steve Smith, partner at The Starr Conspiracy.
5 challenges when working with HR tech solutions
Despite a push toward these options, there are issues that have arisen, explains Steve Smith, partner at The Starr Conspiracy.
Benefits Think Why employers should care about cybersecurity
Plan sponsors would be wise to ask their healthcare vendors if they have insurance policies in place to cover data breaches and other risks, according to USI’s Paul King.
Paul King
USI
Benefits Think Why employers should care about cybersecurity
Plan sponsors would be wise to ask their healthcare vendors if they have insurance policies in place to cover data breaches and other risks, according to USI’s Paul King.
Paul King
USI
Benefits Think Negotiating cybersecurity contractual protections for retirement plans
Retirement plan sponsors should develop a comprehensive risk management strategy that includes the periodic review of contractual protections with their TPAs.
Jeffrey Hutchings
Pillsbury
Benefits Think Why ERISA fiduciaries need to be concerned about cybersecurity
Pension plans and welfare plan all store personal data on each participant and beneficiary, ranging from social security numbers and addresses to date of birth and health information. The more immediate and available personal data becomes, the greater the risk for a potential breach or unauthorized disclosure or access, as is evident from the cyber attacks on major retail operations, health care providers and the government.
Saghi (Sage) Fattahian
Morgan Lewis
Agency alliance launches identity theft protection
The Strategic Insurance Agency Alliance partners with LifeLock to offer ID theft protection to employer-clients.
SIAA agents to provide identity theft protection
Offered as a voluntary benefit through a partnership with LifeLock, these new services address a growing problem and mounting interest among employers.
Q&A: Concern about ID theft presents opportunities for advisers
JD Powers of Powers Insurance and Benefits discusses cyber risks and how to protect against them.
