Institute says ‘urgency must match pace’ when it comes to industry’s cyber threat resilience
Scheme identity verification standards are too basic and come too late in the process
Rapidly evolving threats mean importance of having protections has never been greater
43% of pension schemes have not tested the strength of their IT cybercrime procedures
Guidance published on pre-employment checks for administrators
Guidance comes in a bid to tackle an issue which is estimated to cost the sector over £6bn a year