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Benefit plans and cybercrime in the post-pandemic world

4 things plan sponsors and administrators can do to mitigate and shift security risks due to cyber thieves.

By Robert Projansky | August 03, 2020 at 08:09 AM

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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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