The IRS has alerted companies and human resources professionalsto a new hacker scheme, in which an email that purports to be fromcompany executives requests personal information on employees.

With hackers increasingly turning their attention to the reamsof personal data, not to mention the cash, in the $5 trillion401(k) market, it's a scheme retirement plan sponsors andadministrators should also be on the watch for.

The scheme, unfortunately, has already seen some success, amidthe surge in phishing e-mails so far this year.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.