Pensions Regulator: Cyber security should be a key risk on risk registers
From: Pensions Expert
Trustee boards should be assessing their risk of cyber attack and taking steps to protect member data and scheme assets, the chief executive of the Pensions Regulator has said.
Experts have been predicting an increased focus on cyber security for some time now, with warnings of major losses if a pension scheme is hit by hackers.
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“Pension schemes are likely to be attractive targets to cyber criminals, because they hold a lot of personal employment and financial data,” she said.
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