X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
fraud

“Bad actors” haven’t sheltered in place, it seems. So found the U.S. House of Representatives Committee on Financial Services, which met with experts this week to hear testimony on fraudulent acts, particularly in cybersecurity and financial schemes. The COVID-19 pandemic apparently has brought even more schemes to light, especially as people have moved online to do business, the committee found.

In fact, according the Federal Bureau of Investigation, the number of cybersecurity complaints has spiked to 4,000 a day from 1,000 complaints a day four months ago. And those four months’ worth of complaints are almost more than reported for all of 2019.

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?

BenefitsPRO

Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.