Protecting the plans and participants we serve
We continually invest in cutting-edge cybersecurity technologies, security programs, independent testing and ongoing training.
We invest in security because:
57%
of financial services firms experience more phishing attacks compared to other sectors.1
238%
increase in cyber attacks on financial firms and services organizations were seen in the first half of 2020.2
70%
of financial services organizations reported experiencing a cyber attack in the past year.3
New Department of Labor (DOL) cybersecurity guidance
The DOL’s Employee Benefits Security Administration (EBSA) provided specific guidance on what retirement plan recordkeepers, service providers, plan sponsors and participants should do to sufficiently protect accounts, personally identifiable information (PII) and plan asset data.
We collaborated with the SPARK Institute to provide detailed information on these new guidelines.
Empower’s Security Guarantee
Hear from Doug Peterson, Chief Information Security Officer for Empower, who addresses how we protect our clients' valuable information with Empower’s Security Guarantee.
Understanding the cloud
How does cloud technology improve business functions and benefit clients? Doug Peterson, Chief Information Security Officer, provides insights into Empower's cloud advantage.
“As a financial services company entrusted with securing the retirement of millions of Americans, we must continuously adapt and evolve. It is our honor to be your trusted partner and a responsibility we are solely focused on every day. ”
What is Empower’s Security Guarantee?
The security and protection of our clients' retirement accounts is our priority. This guarantee states we will restore losses to a participants account that occur as a result of unauthorized transactions through no fault of the participant.
Cybersecurity: Defense in Depth
Review our insights on how advances in retirement recordkeeping technology can protect both companies and employees.
Cybersecurity security tips
We want to help plan sponsors and participants defend themselves against cybersecurity threats, phishing and other types of fraudulent communications and activities — whether they’re conducted through email, text, phone, mail or social media.
Modern recordkeeping maximizes security
This guide provides an enhanced understanding of how technology influences the efficiency and effectiveness of retirement plans.
1 Financial Advisor, “Cybersecurity: What Financial Advisors Need To Consider,” June 30, 2020, fa-mag.com/news/cybersecurity--what-financial-advisors-need-to-consider-56624.html.
2 Cyber Talk, June 25, 2021, Special report: Security for financial firms 2021.
3 Keeper Security, Inc., January 27, 2021, keeper.io/hubfs/press/Ponemon_Finance_PressRelease2021.pdf.
FOR FINANCIAL PROFESSIONAL USE ONLY.
Empower Retirement, LLC and its affiliates are not affiliated with Financial Advisor Magazine, CyberTalk or Keeper Security, Inc.
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