News & Analysis as of

Retirement Plan Hackers

Ary Rosenbaum - The Rosenbaum Law Firm P.C.

Crypto theft is another strike against Bitcoin 401(k)

While technology makes it easier for bad actors to steal the retirement assets of plan participants, it’s far easier to steal from 401(k) plans with crypto investments. 401(k) plans that have Bitcoin investments would have a...more

Mitchell, Williams, Selig, Gates & Woodyard,...

Tips for Complying with DOL's Retirement Plan Cybersecurity Guidance

”Not if, but when" is a phrase commonly used to describe data breach risk. Holding just under $11 trillion in assets, employer-sponsored retirement plans are a particularly enticing target for cybercriminals. Through audits...more

Williams Mullen

PODCAST: Williams Mullen's Benefits Companion - Cybersecurity Considerations for Retirement Plan Sponsors

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On the latest episode of Williams Mullen's Benefits Companion, host Brydon DeWitt is joined by Nichole Labott, managing director at SageView Advisory Group, to discuss the importance of proper cybersecurity for retirement...more

Akerman LLP - HR Defense

BOLO: Cyber Attacks Against Retirement Plan Accounts

Employer-sponsored retirement plans have long been targets for cybercriminals. Employers should be on the lookout as the COVID-19 pandemic has expanded the types and likelihood of potential cyber attacks against retirement...more

Ary Rosenbaum - The Rosenbaum Law Firm P.C.

Cybersecurity is an important concern

Without fail, every day I get emails that want to target one or more of my important online accounts. Whether it’s Amazon or my email, so online crook is trying to phish for me online access by trying to trick me....more

Robinson & Cole LLP

Data Privacy + Cybersecurity Insider - December 2018 #2

Robinson & Cole LLP on

A report released by cybersecurity firm Agari has come to conclusion that we have been experiencing all year—a hacking group in Nigeria, dubbed “London Blue,” is targeting CFOs and controllers from small businesses to...more

Foley & Lardner LLP

Cybersecurity Risks to Employee Benefit Plans - Are You Prepared?

Foley & Lardner LLP on

Unless you’ve been living on a remote mountaintop or inside a cave for the past 10 years, chances are good you’ve either been affected by a cybersecurity breach or know someone who has. Among many other businesses, recent...more

Jones Day

Data Breach Risks for 401(k) and Retirement Plans

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There has been a recent spike in attacks on 401(k) and retirement plans by cyber criminals. Some have been reported publicly, and we are aware of several nonpublic incidents as well....more

Robins Kaplan LLP

Your Daily Dose of Financial News

Robins Kaplan LLP on

So, it turns out that all of the Brexit-style market freefalling was reserved for overnight trading. US markets actually closed up yesterday after modest opening losses....more

Robins Kaplan LLP

Your daily dose of financial news - The Brief – 8.25.16

Robins Kaplan LLP on

US regulators are “ramping up oversight” of Swift—the financial messaging system used throughout global finance that’s been a key conduit for hackers in recent attacks of Bangladeshi and Ecuadorian banks....more

Carlton Fields

Investment Adviser Settles SEC Charges After Data Breach

Carlton Fields on

Last week, the Securities and Exchange Commission (SEC) settled charges against a registered investment adviser for failing to comply with Rule 30(a) of Regulation S-P (17 C.F.R. § 248.30(a)) (“Safeguards Rule”). The...more

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