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U.S. Department Of Labor Steps Into The Cybersecurity Discussion - Technology

To print this article, all you need is to be registered or login on Mondaq.com. By way of background, cybersecurity has over the last decade become an area of critical importance to sponsors and administrators of employee benefit plans as well as plan participants.  Put simply, this is because plans (which the DOL estimates hold $9.3 trillion in assets) are a prime target of cyberthieves, given that they typically hold significant amounts of sensitive participant data, often permit electronic access to funds (think 401(k) distributions) and rely on outside service providers, who provide additional access points for breach.  This risk

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Detailed text transcripts for TV channel - FOXNEWS - 20170513:17:14:00

vulnerability, and customers can now up download this protection if you haven t already done so. in a statement, microsoft says, quote: those who are running microsoft s free antivirus software or have windows update enabled are protected. but given the potential impact to customers and their businesses, microsoft released updates for windows xp, 8 and server 2003. now, the department of homeland security encourages all users to back up your data and not click on or download unfamiliar links. in a statement dhs says individual users are often the first line of defense against this and oh other threats, and we encourage all americans to update your operating systems and implement vigorous cybersecurity practices at home, work and school. i spoke to ibm, and they tell me that the number of ransomware is present in 40% of spam e-mails. that s a 6,000% increase from 2015, so everybody must do their

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