Smaller plans face a bigger burden for cybersecurity; Budgets not big enough for specialized staff, so plans rely on advisers

Source :: Pensions & Investments. April 15, 2019, Vol. 47 Issue 8, 0012
Publication Year :: 2019
Abstract: Byline: Margarida Correia Cyberthefts from 401(k) plans are always distressing, but when they occur in smaller plans, the loss can be especially painful. Take Michael Francis' $100 million plan sponsor [...]

Subjects :: Financial services -- Officials and employees -- Economic aspects
Consultants (Persons) -- Economic aspects
Data security -- Economic aspects
Cyberterrorism -- Economic aspects
Media executives
Budgets
Mutual fund managers
Retirement benefits
Financial services industry
Data security issue
Banking, finance and accounting industries
Business

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