Average Time Taken to Identify and Contain a Data Breach
According to a survey by the Ponemon Institute of 477 companies that experienced a data breach in 2018, the average number of days to even identify a data breach could be as high as 221…
Read Moreabout Average Time Taken to Identify and Contain a Data Breach
Financial Markets More Vulnerable to Cyber Attacks
According to a new report from SWIFT and BAE Systems, financial markets are becoming more and more vulnerable to cyber attack and data breaches. With so many participants and points of entry, the report states that…
Read Moreabout Financial Markets More Vulnerable to Cyber Attacks
The Sony Hack Shows How Vulnerable Your Retirement Plan Is
Sony is one of the largest companies in the world. Its products include everything from movies to cameras to financial services. Its 2014 hack should show you that even if their information is vulnerable to cyber…
Read Moreabout The Sony Hack Shows How Vulnerable Your Retirement Plan Is
Quick Data Breach Response Time Can Save Your Company
Not only is the number of data breaches increasing every day, but the speed with which customers find out about them is increasing as well. Word is spreading on social media and through online articles…
Read Moreabout Quick Data Breach Response Time Can Save Your Company
Identity Theft Protection Isn’t Enough Against Cyber Attacks
For years, the biggest fraudulent internet schemes you had to worry about involved identity theft, whether it be a Nigerian Prince requiring your personal info to receive a portion of his wealth or just someone…
Read Moreabout Identity Theft Protection Isn’t Enough Against Cyber Attacks
Businesses Need To Be Proactive When It Comes to Cybersecurity
As technology becomes more advanced with supply chains becoming automated, data stored remotely in the cloud, and robots working in factories, companies have to become proactive on the cybersecurity front and update their infrastructure to…
Read Moreabout Businesses Need To Be Proactive When It Comes to Cybersecurity
The Need for Fiduciary Liability Insurance is Greater than Ever
A fiduciary’s liability is one of the most misunderstood areas of exposure for those involved with retirement plans. If your company is a small company, it is particularly important to consider the fact that as…
Read Moreabout The Need for Fiduciary Liability Insurance is Greater than Ever
In Fiduciary Breach Case, Fiduciaries Must Prove That Choices Did Not Cause Loss
The three main elements of a fiduciary breach case are: 1) a breach, 2) a loss, and 3) that the loss was caused by the breach. Unfortunately for breaching fiduciaries, they’re often the ones who…
Read Moreabout In Fiduciary Breach Case, Fiduciaries Must Prove That Choices Did Not Cause Loss
Can You Avoid Fiduciary Liability?
In the case of White v. Chevron (N.D. Cal 2016), the plaintiffs alleged breaches of its fiduciary duty for not choosing proper investments for plan funds, by choosing to invest in funds that performed poorly, and cost…
Read Moreabout Can You Avoid Fiduciary Liability?