Browsing Tag
401(k) Cybersecurity
51 posts
Why Account Consolidation is Vital to Reduce 401(k) Cybersecurity Risk
It’s clear that account consolidation can lower retirement savings cybersecurity risks by minimizing the sheer number of fraud-prone, small-balance retirement savings accounts
SEC Sets Sights on Cybersecurity for RIAs
The agency is proposing new rules and amendments to combat cyber risk in the financial services sector
Cybersecurity A Major SEC Focus in 2022: Wagner Law Group
'Threat of a cyber-attack is so constant and significant for every market participant that it should be viewed as a substantial likelihood'
FSOC: Climate Change an ‘Emerging Threat’ to Financial System
Council released its annual report Friday, which also highlights recommendations to strengthen regulation of cryptocurrency and cybersecurity, among other topics
Cybersecurity Due Diligence Key to Minimizing 401k Reputational Risk
'The greater the number of parties sharing participant data, the more complicated securing that data becomes'
SEC Fines 8 Broker-Dealers for Cybersecurity Failures
As the Securities and Exchange Commission continues to ramp up its cybersecurity enforcement in the wake of guidance…
New Cyber, Fiduciary Liability Package Protects 401k Plan Sponsors from Growing Risk
In response to the Department of Labor’s April 2021 guidance on cybersecurity and data privacy, Colonial Surety recently…
Biden Taps NYC Attorney Lisa Gomez to Lead EBSA
The White House announced today that President Joe Biden plans to nominate attorney Lisa M. Gomez to be…
Unreported Cyberattacks on Retirement Accounts Lead to $1.5M SEC Fine for B-D
The Securities and Exchange Commission (SEC) on Wednesday announced settled charges against GWFS Equities Inc. (GWFS), a Colorado-based…
DOL Releases Cybersecurity Guidance for 401k Plans
The second guidance release in as many days from the Department of Labor covers best practices for maintaining…