Instant Insights / Get Ready for Increased Cyberattacks


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The headlines are rife with stories about cybersecurity breaches involving consumer and customer data. Often lost in the shuffle is the fact that employee benefit plans are also a prime target of cyber thieves, hacktivists and bad actors involved in corporate espionage. This article discusses the reasons that these cyber criminals are focused on employee benefits plans, the heightened risks in the post-COVID-19 world, and what plan sponsors and administrators can do to address these risks.


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