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Sep
19

Pensions Regulator: Cyber security should be a key risk on risk registers

From: Pensions Expert

By Tom Dines

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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