Cybersecurity +Pensions.

Who was hacked?

A law enforcement pension in Oklahoma

How much was stolen?

$4.2 Million

What happened?

  • investment manager for the fund was hacked

What regulatory/legislative reaction is forthcoming?

  • Cybersecurity standards for outside and internal investment managers at pension systems

Other pensions hacked:

  •  2016 $100,000 hacked from a Pennsylvania borough’s police pension fund
  • 2017 hackers stole the identities of more than 100 retired Iowa public employees to claim pension payments

InfoSecurity | Hackers Steal $4.2m from State Troopers’ Pension Fund