Cybersecurity · January 23, 2024
While it’s highly unlikely that you will be held responsible in the event that a third party hacks your payroll system, a data leak like that will more than likely result in negative outcomes, not only for you and your employees but between the two of you as well.
June 13, 2023
According to a Digital Defense Report published by Microsoft in 2021, the private industry's support of remote work, in addition to factors introduced by the COVID-19 pandemic, has made remote workers a lot more susceptible to the actions of cybercriminals. Per the 2021 Microsoft report, "While most industries made the shift to remote work due to the pandemic, it created new attack surfaces for cybercriminals to take advantage of, such as home devices being used for business purposes."
April 25, 2023
The U.S. Department of Labor has cybersecurity guidance for plan sponsors, fiduciaries, recordkeepers and participants. The guidance aims to help safeguard an estimated $9.3 trillion in plan assets and pertains to employer-sponsored plans regulated by the Employee Retirement Income Security Act (ERISA).