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Are You Secure?
Cyber-Security Threats for Employee Benefit Accounts

Darlene Finzer
Oct 26, 2011

In July 2011, federal solutions group RSA’s Anti-Fraud Command Center detected more than 25,000 phishing attacks, the most recorded in a one-month period. A part of the reason: Employees are increasingly being deceived into providing personal information through their employee benefit accounts.

Fraudsters use victim’s fears and emotions to target high level employees who have significant access to personally identifiable information or funds. Your benefit plan can increase its security by:

  • Using strong authentication including more than a user name and password
  • Fraud protection services that block and shut down questionable activity
  • Verification services based on personal knowledge-based questions
  • Education and collaboration between providers, consumers and employers.

If you haven’t discussed cyber security with your benefit plan provider, consider addressing the measures above at your next meeting.

This article was originally published in Illuminations: Facts & Figures from people with a brighter way, a Rea & Associates enewsletter, 10/26/2011.

Note: This content is accurate as of the date published above and is subject to change. Please seek professional advice before acting on any matter contained in this article.

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