chief financial officers (CFOs)
See the following -
A Deeper Look at the Financial Impact of Cyber Attacks
As large-scale instances of data theft — including theft of credit card records and personally identifiable information (PII) — are becoming more frequent, corporate executives and financial leaders are giving greater attention to the “cost” of cyber breaches. Are they looking at the breach, which typically categorizes data theft, or are they addressing “cost” as it relates to the entirety of the impact of a cyber incident to the enterprise?
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CEOs/HR Execs Facing Personal Liability: Dereliction of Fiduciary Duties Triggering Labor Dept Investigations
The first shots across the bow have been fired highlighting how benefits leaders need to pay as close attention to health benefits as they have been paying to retirement plans. The most recent lawsuits name the HR leaders in the companies involved (GAP and CB&I) as defendants since they are listed as the plan administrator (sometimes CFOs are the plan administrators). It’s clear that there is going to be the increased scrutiny for health benefits that has been commonplace for retirement benefits. For example, you can Google “ERISA class action” to find the many cases surrounding retirement benefits going after plan administrators for failing in their fiduciary duties. Similar cases in healthcare could have as far-reaching implications as Obamacare in driving employers to health benefits that deliver value...
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