Data security

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.

The Office for Civil Rights will begin investigating breaches or protected health information that affect less than 500 individuals, says attorney Sheryl Feutz-Harter.

When it comes to workplace security and identity protection, employers are increasingly turning to their brokers for solutions, says EZ Shield’s Angela Murphy.

After high profile breaches at Sony, Target and Yahoo, the next victims could be the insurance community. The target: employee Social Security numbers.

Fiduciaries who do not follow security standards may be personally liable to restore losses to plan participant benefits.

As payoffs grow, hackers are mounting more sophisticated attacks, and threats are increasingly pernicious, says FTC Chairwoman Edith Ramirez.

Technology has opened brokers up to liabilities and compliance nightmares through data breaches, hackers, and other cyber security risks.

Despite a push toward these options, there are issues that have arisen, explains Steve Smith, partner at The Starr Conspiracy.

Despite a push toward these options, there are issues that have arisen, explains Steve Smith, partner at The Starr Conspiracy.

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.