Pensions - Articles - PASA publishes cyber security guidance for pension schemes


The Pensions Administration Standards Association (PASA) the independent body dedicated to driving up standards in pensions administration, today announced the publication of its cyber security guidance for pension schemes.

 The guidance provides practical support for trustees in formulating a robust and effective review of how they safeguard their scheme from cyber security issues. It covers five main sections - Risk Assessment, Governance, Risk Management, Controls and Incident Management.

 Chris Connolly, Chair of PASA’s eAdmin Working Group said: “The lead up to the General Data Protection Regulations, introduced in 2018, saw cyber risk taking a steep hike up the trustee agenda. New technology and innovations present opportunity for increased efficiency, but also mean the potential security risks are growing in volume and sophistication. It’s important for trustees to have a clear view of these potential danger areas and actively reassess them over time. Our guidance has been designed as a practical means to help identify where all risks and responsibilities lie, enabling schemes to put together a robust and effective plan of action to be taken should the worst unfortunately happen.”

 The guide can be found here and is accessible to all.
  

Back to Index


Similar News to this Story

Pensions Ombudsman criticised over Shell climate complaint
The Pensions Ombudsman has refused to ask the Shell Contributory Pension Fund (SCPF) to release information to one of its members about how it deals w
Parties have failed to grasp issues for younger generations
Commentary from Jon Greer, head of retirement policy at Quilter:
Retirees can expect more years of healthy life
Stephen Lowe, group communications director at Just Group comments on the report from the ONS that shows Retirees in the UK can expect more years of h

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.