Archived Insight | July 7, 2020

Ransomware and Hacking – What Are You Doing for Protection?

As COVID-19 distracts many with serious personal concerns, new cyberattacks are rising. The targets may be employee benefits data containing valuable PII and PHI or access to retirement plan assets. The attacks take various forms — Artificial intelligence (AI) can be tapped to create images of people who don't exist and use them for nefarious purposes. Attackers can also plant ransomware, locking up an entity's entire operation until payment is made. Either type of attack can be expensive in terms of costs to repair and in reputation.

This webinar recording describes the sophistication of these attacks and shares best practices in maintaining safe business operations.

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This page is for informational purposes only and does not constitute legal, tax or investment advice. You are encouraged to discuss the issues raised here with your legal, tax and other advisors before determining how the issues apply to your specific situations.