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Webcast

Is your pension scheme prepared for a cyber attack and upcoming regulatory changes?

June 27, 2024

In this on-demand webcast, WTW provide insights from a variety of schemes who have completed their pension scheme Own Risk Assessments (ORAs) with special focus on cyber risk and new compliance requirements.
Cyber Risk Management|Retirement
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Cyber risk is an area of increasing concern and focus within pension schemes, and for good reason. The online world is an operating space that we are progressively becoming dependent upon. Whilst the introduction of new and innovative technologies looks to support efficiencies with regards to scheme management and delivery, malicious cyber threat actors also view our engagement and interactions within the cyber space as an opportunity to be exploited.

The first in a series of Pension Risk Management webinars delved into our insights gleaned from recently completed ORAs for a wide range of defined benefit and defined contribution schemes. Our panel of experts outlined their key findings and what you should focus on next.

Recent high profile cyber breaches that have affected pension schemes and new compliance requirements (the Digital Operational Resilience Act or ‘DORA’) make cyber a priority area for trustees and sponsors in 2024. Our cyber specialist outlined information to help clients:

  • understand the cyber threats faced by pension schemes
  • develop a strategy that supports you in managing these risks and the associated impacts
  • get ready for the introduction of the DORA.

The webinar was relevant for both pension scheme trustees and company representatives (Pension Managers, HR and Finance).

Contacts

Conor King
Director, Retirement
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Laura Power
Director, Retirement
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Associate Director, Consulting and Client Management, CRS – FINEX GB
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