Cybercrime and Benefits Plans

According to recent estimates from the University of Maryland, there is a cyberattack or cybercrime every 39 seconds. Data breaches and cyberattacks are daily headlines—and employee benefits plans are no exception to that threat. In fact, employee benefits plans are even more vulnerable as the coronavirus pandemic continues. Organizations and benefits providers are relying heavily on electronic access, ultimately creating new vulnerabilities. The Risks Virtually any type of employee benefits plan is vulnerable to hackers. The plans can be exposed to risks…

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