Hacking and ransomware have the potential to create havoc for the assets and sensitive data housed in benefit plans across the country. As a result, in 2021, the DOL scaled up its interest in how administrators are addressing and responding to cybersecurity risks.
Ransomware attacks have become a major threat to many private businesses. The possibility of having critical business data encrypted by cybercriminals who then demand millions for data release is fast becoming a reality.
Reduce your cyber risk by following the cyber risk triangle and building a cybersecurity program. Do you realize you have a target on your back? [...]
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