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Data Is the New ERISA Section 404

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When I started in this business, plan sponsors worried about lost checks. Now, they should be worried about lost data. Back then, if a participant’s address was wrong, you mailed a letter and hoped for the best. Today, if a hacker gets your payroll feed, you’re not mailing letters—you’re calling your cyber insurer and your lawyer….
By: Ary Rosenbaum – The Rosenbaum Law Firm P.C.

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