Earlier this year, the Government Accountability Office (GAO) released findings from a recent study looking at cybersecurity issues and risks related to 401(k) and other retirement plans. The report affirmed what many know to be true: private sector employer-sponsored defined contribution plans are a crucial component of retirement security for millions of Americans, and records for these plans are largely stored and accessed virtually. In a contributed article published by BenefitsPro, Poyner Spruill LLP associate Hannah Munn outlines the far-reaching effects that have already begun, including enforcement efforts.
To read the full article, visit BenefitsPro.
