News | 03.18.20
Cybersecurity a Looming Concern for Retirement Plans: Cerulli
Cybersecurity has emerged as a top issue for retirement specialist advisors as more customization is integrated into U.S. retirement plans, according to a recent report from Cerulli Associates. Of the advisors surveyed, 80 percent rated data security/cybersecurity as very important, deeming it the single most important factor when evaluating record keepers. Cybersecurity also represents a growing concern and significant expense for plan providers, particularly record keepers and third-party administrators, the report said.
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