Ed McNicholas Talks About Cyber Threats to 401(k) Plans in Financial Times

In The News
October 30, 2019

With nearly $6 trillion in 401(k) plans, the U.S. financial services industry is under increasing pressure to ensure that retirement savings are protected from rapidly evolving cyber threats. A recent Financial Times article includes insights from data practice co-leader Ed McNicholas, specifically on the California Consumer Privacy Act (CCPA). In the article, Mr. McNicholas suggests that CCPA will ratchet up the consequences of a data breach, and notes that financial institutions are grappling with whether certain information about retirement plan participants and beneficiaries is exempt from CCPA.