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Cybersecurity and DC plans

Publication Date: October 17, 2016

A global rise in cybersecurity breaches have put DC industry executives on notice that the theft of personal information — and the potential for theft of assets — are threats as serious to them as they’ve been to other industries.

Stories

Plans face threats to crucial data

A global rise in cybersecurity breaches from targets as broad as Yahoo Inc. and the Democratic National Committee have put DC industry executives on notice that the theft of personal information — and the potential for theft of assets — are threats as serious to them as they've been to other industries.

Plans ask about cybersecurity insurance — but not for them

Defined contribution service providers generally have cybersecurity insurance when they take on record keeping and other duties, but defined contribution plan sponsors themselves are more likely to be lacking such coverage.