Plan advisors should be aware that the IRS has alerted human resources professionals to a new hacker scheme.
The alert warns payroll and HR professionals to beware of an emerging phishing e-mail scheme that purports to be from company executives and requests personal information on employees.
With hackers increasingly turning their attention to the reams of personal data, not to mention the cash, in the $5 trillion 401(k) market, it's a scheme plan sponsors and administrators should also be on the watch for.
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