MooreColson - The Role that Cybersecurity Plays in Employee Benefit Plans
Cybersecurity is a term that has seen a significant increase in use over the past several years. Many companies are recognizing the importance of designing strategies and programs to identify and address cybersecurity risks to their systems. One area that can be overlooked is cybersecurity risk specifically related to employee benefit plans. A 2017 BDO Cyber Governance Survey indicated that 60% of plan sponsors are not adequately aware of these risks.