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On September 6, 2024, the U.S. Department of Labor (DOL) confirmed its cybersecurity guidance applies to all employee benefit plans, including health and welfare plans. In 2021, the DOL issued guidance providing best practices in cybersecurity for plan sponsors, plan fiduciaries, recordkeepers, and plan participants. The retirement plan industry took notice and has generally made […]
With businesses increasingly relying on technology, cybersecurity threats are more prevalent than ever. Cyberattacks can target any organization, from small businesses to large corporations, and cause financial loss and long-lasting reputational damage. While information technology (IT) teams are often seen as the front line of defense against these attacks, human resources (HR) plays a crucial […]
Your company’s talent is its lifeblood. Job postings for qualified individuals and other recruitment activities are vital to its operations. What happens, then, when scammers conduct phishing schemes to trick individuals into applying for nonexistent jobs you didn’t post with the objective of stealing their personally identifiable information (PII)? Gone Phishing In the age of […]
Hospital and health systems have been going through the wringer for a few years now. The last thing CEOs needed on their plate was a cyberattack at the scale and magnitude of the one Change Healthcare suffered. And yet, what is being called “the most significant cyberattack on the U.S. healthcare system in American history” is now […]
The last several years have seen artificial intelligence (AI) become mainstream in the workplace. Today, HR professionals widely use AI tools for recruiting, onboarding, and administering leave and benefits. Managers use generative AI to assist with their administrative and supervisory responsibilities, such as writing performance reviews. Engineers use AI to write or check code. And […]
The rise in sophistication and availability of generative AI tools has opened up immense potential for humans to make their lives easier by shifting some of their tasks to such tools. And that potential certainly extends to the workplace where many employees have discovered generative AI can do a lot of their work for them, […]
Electronic signatures have grown more prevalent across all industries. Human resources, especially, have adopted various methods of digital fingerprinting for greater convenience, smoother processing, and more protected contract management. Those still relying on wet signatures put themselves, their employees, and their companies at risk of fraudulent activity. Explore the dangers of wet signatures and examine […]
Cybersecurity and the crucial role HR professionals play are more urgent topics than ever in today’s digital landscape. You may think cybersecurity is solely an information technology (IT) department concern, but think again. While IT handles the technical aspects, HR can make or break the human element by educating staff, enforcing policies, and communicating effectively. […]
Data breaches have become common occurrences. Nearly every business—including nonprofits—collects, stores, and uses personal information (PI) that’s valuable to bad actors. All organizations store and process PI about their employees, and many nonprofits store and process PI about their donors and volunteers. Bad actors can cause financial harm to those whose PI is stolen, but […]
Cybercrime is currently ranked among the top 10 global risks by the World Economic Forum and the global talent shortage in cyber stands at 3.4 million. Furthermore, many cyber leaders expect cyber risks to worsen. According to the Global Security Outlook report by the World Economic Forum, 91% of respondents said they believe a catastrophic cyber event is […]