UC Schools Report Fraudulent Activity in Fidelity Retirement Accounts
The issue affected Fidelity retirement plan accounts at UC Davis and other schools in the University of California system.
Tag: cybersecurity
Fidelity Data Breach Exposed Info of 77,000 Clients
The August hack did not provide direct access to users’ accounting, according to a security breach filing.
Quantifying Cybersecurity Risks
A cybersecurity risk modelling expert discusses the science of planning for an unpredictable data breach.
TIAA Swept Up in Infosys Breach
The data breach affected nearly 9,000 individuals at TIAA.
6 Steps to Help Participants Safeguard DC Assets
McKinsey cybersecurity experts give tactics to protect against scammers.
Cybersecurity Insurance Considerations
Expert Steve Taylor gives his views on cybersecurity insurance, as breaches proliferate in financial services.
Cybercriminals Pose Threat via Executive Accounts
Executives’ workplace retirement plan accounts provide the authority and access hackers need to attack other databases.
Infosys Breach From 2023 Exposed Personal Data of 6 Million People
T. Rowe Price and New York Life were cited in a filing with the Maine Attorney General on previously reported...
DOL Issues Updated Cybersecurity Guidance
A new compliance release issued by EBSA clarifies that cybersecurity guidance applies to all employee retirement benefit plans and health...
Keys to Guarding Retirement Plan Data Against Human Error
Mistakes managing employer-sponsored plan data often expose vulnerabilities that can be exploited by bad actors.
AI Is Here. Fiduciaries Must Remain Diligent
Experts discuss how the benefits of artificial intelligence for 401(k) plan administration and management also come with risks to be...
SEC Charges Transfer Agent Equiniti Trust for Failing to Safeguard Clients From Cyber Attacks
The ruling shows the increased need to protect client data, as recordkeepers and others could face such fines due to...
‘Isolated’ Error by Merrill Exposes Some Walmart 401(k) Data
The inadvertent email error surfaced Social Security numbers of some Walmart participants; no misuse is expected, and Merrill is providing...
Reg S-P Requires Advisers to Inform Customers of Data Breaches
In addition to other registrants, advisers will have 30 days to inform their clients of any substantial data breach.
J.P. Morgan Sued For Data Exposure
A new lawsuit alleges J.P. Morgan Chase & Co. lacked adequate protocols to thwart a recent breach, resulting in the...
Breach at J.P. Morgan Exposes Data of 451,000 Plan Participants
Participant names, addresses, Social Security numbers and bank information were exposed in an incident the bank became aware of in...
401(k) World: Cyber Thieves
The fifth in our Planadviser In-Depth series delves into cybersecurity threats to retirement plan assets and the industry’s approach to...
LIMRA, SPARK Partner on Retirement Plan Fraud Prevention
The industry organizations plan to issue research and educational materials for plan sponsors regarding how to combat cyber fraud in...
FINRA Annual Report Highlights Crypto, Cybersecurity, Reg BI
The industry regulator provided areas of focus for the year ahead to member firms.
Nonqualified Compensation Accounts Back Online After Infosys Breach
Plan and insurance accounts that had been shut down are available again, according to client accounts.