The Basics of Fiduciary Liability Insurance
When it comes to the management of retirement plans, a fiduciary’s liability is often misunderstood. Fiduciary liability stems from the strict obligations set in place by the Employee Retirement Income Security Act of 1974, or…
Read Moreabout The Basics of Fiduciary Liability Insurance
43% of Data Breaches Victims Are Small Businesses
The 2019 Verizon Data Breach Investigation Report, which tracked 41,686 security incidents from 86 countries and 73 different data sources, including 2013 total data breaches, has been released and states that small businesses were the…
Read Moreabout 43% of Data Breaches Victims Are Small Businesses
Massachusetts Recognizes ERISA in Novel Fiduciary Conduct Standard
On February 21st, 2020, the Massachusetts Secretary of the Commonwealth filed the final rule of a fiduciary conduct standard for investment advisers, their representatives, broker-dealer, and their agents operating in the commonwealth, hired by plan…
Read Moreabout Massachusetts Recognizes ERISA in Novel Fiduciary Conduct Standard
Cyber Attackers Won’t Stop At One Data Breach
If you’ve already been the victim of a data breach, you may be wondering if you should still obtain cyber liability insurance. Is there a chance cyber-terrorists could attack again? The answer is a strong…
Read Moreabout Cyber Attackers Won’t Stop At One Data Breach
TPAs Risk Drowning Without Efficient Technology
The role of the third-party administrator has changed greatly over the last decade. TPAs had to learn to become more efficient and provide more cost reduction than their competition in order to maintain business. Because…
Read Moreabout TPAs Risk Drowning Without Efficient Technology
Study: 25% of Small Businesses Don’t Know Where to Start on Cybersecurity
Keeper Security’s 2019 SMB Cyberthreat Study has been released and there’s one particularly alarming statistic: of the small businesses surveyed, 25% have “no idea where to start” when formulating a cyber attack prevention strategy. Preventing…
Read Moreabout Study: 25% of Small Businesses Don’t Know Where to Start on Cybersecurity
Study: Small Businesses Not Taking Cybersecurity Seriously Enough
According to the Keeper Security 2019 SMB Cyberthreat Study, companies with fewer than 500 employees just aren’t taking the cyber attacker threat seriously enough. Over 40% of all cyberattacks target small to medium-sized businesses according…
Read Moreabout Study: Small Businesses Not Taking Cybersecurity Seriously Enough
StockX Hack Shows Smaller Businesses Are Vulnerable to Cyber Attacks
The hacks and cyber-attacks you hear about usually involve giant companies like Equifax and Sony. But startup and smaller companies can be vulnerable as well, as shown by the StockX hack. StockX is an online…
Read Moreabout StockX Hack Shows Smaller Businesses Are Vulnerable to Cyber Attacks
Small Businesses Aren’t Sure Who Should Handle Cybersecurity
One of the biggest impediments to implementing proper cybersecurity measures at small businesses is that those small businesses don’t seem to have any idea who should be in charge of cybersecurity. According to Keeper Security’s…
Read Moreabout Small Businesses Aren’t Sure Who Should Handle Cybersecurity