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