FEMA Employee Indicted for Medical Center Hacking
A Michigan man has been charged with hacking into the database of a medical center and swiping over 65,000 employee information. Justin Sean Johnson, an IT Specialist at the Federal Emergency Management Agency (FEMA) was…
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Cancer Care Data Breach Involves 55k Patients
Cancer Care Group, one of the largest privately-owned radiation oncology programs in the United States, has suffered from a serious data breach that swiped patient names and addresses, social security numbers, dates of birth, insurance…
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North Korean COVID-19 Phishing Scandal Targets US
Security experts are sounding the alarm on a multi-country North Korean phishing effort created to sponge off of government COVID-19 bail-out initiatives. Pyongyang’s Lazarus Group’s latest operation is designed to “impersonate government agencies, departments, and…
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Bank of America Discovers Data Breach in PPP Application Process
Bank of America Corporation has informed its customers of a serious data breach affecting those who have applied for the Paycheck Protection Program (PPP). On April 22, client information was left vulnerable when the bank…
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401(k) Plan Administrators: Beware of Increasing Identity Fraud
According to Javelin Strategy & Research’s 2020 Identity Fraud Report, digital criminals are targeting the financial services industry and their devastating tactics will negatively impact customers throughout the next 12 months. The study amplifies that…
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Safeguard Your Remote Workplace with Cyber Liability Insurance
A cyber-attack can not online bring your remote workforce to its knees, but damage your company for years to come. Operational continuity is paramount for establishments at the peak of fruitfulness, and during this pandemic,…
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Fiduciary Liability Claims and “Silent Cyber” Coverage
A vital concern sweeping businesses across the country is a term called “silent cyber”, or the coverage for cyber devastation under traditional property and casualty insurance policies, in contrast to purpose-built cyber insurance policies. A…
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Putnam Settles for $12.5 Million in ERISA Case
In recent ERISA litigation headlines, there was a monumental divide between the nation’s courts in determining who exactly bears the burden of proof in a lawsuit. The original case, Brotherston v. Putnam Investments, LLC was…
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Plan Sponsor Cybersecurity Responsibilities
If you are a plan sponsor, you set up retirement plans for your employees. Retirement benefit plan administrators harbor personal information of employees, like social security numbers and email addresses, in myriad electronic records. Plan…
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