Cybersecurity Best Practices for Retirement Plans

Cybersecurity threats are on the rise. AI-driven deepfakes, such as fraudulent messages, voice impersonations, and videos are becoming more prevalent and increasingly targeting financial institutions and their customers. In a recent article by PlanAdviser, Matt Corwin shares his expert opinion stating, “Recent media reports have described the use of generative AI to commit financial fraud against banks and businesses. Given the large amount of money in retirement plans, they will likely face similar threats soon, if they have not already.”

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