Heather Stone Fletcher, Member of the Firm, co-presents "Comparing the Legislative Framework and Practical Responses to Cyber Breaches Disclosing Pension Plan Member Data in the UK, the US, and Canada" at the 19th Biennial International Pension & Employee Benefits Lawyers Association (IPEBLA) Conference, which runs from May 26 to 29.
The prevalence of cyber breaches affecting pension plans is increasing. Recent examples include: technology service provider MOVEit in Canada and the US plan administration Capita in the UK.
This session will compare approaches to cyber breaches affecting member pension plan data in Canada, the UK and the US, with a focus on breaches impacting third party suppliers such as those above.
The session will cover the following key themes:
- Nature of breaches: similarities and differences in risk depending on jurisdiction and pension plan structure.
- Trustee/plan fiduciary/pension provider data breach policies: how to prepare for a cyber breach.
- Notification and reporting requirements / procedures: responsible regulators, time limits and scope of reporting.
- Consequences of getting the response wrong: the nature and seriousness of potential consequences and sanctions.
- Safeguarding against threats: steps available to trustees/pension providers.
For more information, visit the IPEBLA.
Event Detail
Milan, Italy