Our Blog - Surety Matters

Like any other variety of pervasive thievery, data breaches emerge with a ponderous cost. Data thieves utilize evolving criminal techniques to carefully slip past sub-par security measures and expeditiously dine on a company’s finest sensitive…
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Suppose you’re a plan fiduciary that handles a 401(k) for your company. It can be tough to keep up with the prerequisites for the Employee Retirement Income Security Act of 1974, or ERISA. How do…
Read Moreabout What is ERISA’s Bonding Requirement for Our Employee Benefit Plan?

Unfortunately, in this day and age of businesses and consumers interacting online, data breaches are more commonplace. Roughly 3.5 billion people had their personal information swiped in the top two of the 14 largest cyber…
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The Missouri Historical Society, or MHS, recently notified their donors that personal information like dates of birth, names, and addresses was possibly compromised during a severe data breach. Transpiring in May of this year, the…
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A fiduciary is an organization or individual that holds the critical power and responsibility of acting on behalf of others. A fiduciary pledges to carry out their daily duties honestly and through good faith. A fiduciary…
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The banking app Dave announced they had encountered a security breach after a cyber-hacker published the sensitive information of over seven million users on a public forum. The company stated the security breach stemmed from a…
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If you are a plan fiduciary, you must be fluent in ERISA compliance. If you are not, this is the perfect time to understand what ERISA is and how you can become compliant! What exactly is…
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An individual was recently found guilty of three counts of bank fraud and one count of aggravated identity theft. A federal grand jury charged Hoa Vo of Santa Ana, California, with siphoning hundreds of thousands…
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Under ERISA, fiduciaries are subject to the prudent expert standard of care, in which they have to act with diligence, care, and skill in their field. They also owe a duty of loyalty to plan…
Read Moreabout Is It a Fiduciary Breach not to Have Cyber Liability Insurance?