Cyber Risk in Benefits and Pension Plans: Preparing for What’s Next - A Practical Governance Workshop for Benefit Plan Trustees and Administrators

Module1: Introduction to Fraud and Cybersecurity in the Pension and Benefits Landscape

Benefit plans have become attractive targets for cybercriminals and fraudsters because they hold sensitive personal, financial, and beneficiary information. This session provides a practical overview of the current threat landscape, helping trustees and plan leaders understand where real risks exist, how fraud and cyber incidents occur, and why artificial intelligence is changing both the threat environment and the tools available to organizations.

Module 2: Legal and Legislative Requirements, Responsibilities and Liability

Effective governance is one of the strongest defenses against cyber, fraud, and AI-related risks. This session helps trustees and plan leaders understand their legal responsibilities and fiduciary obligations in an increasingly complex risk environment. Participants will explore current standards of prudence, third-party vendor accountability, and cross-jurisdictional considerations that may affect plan operations.

Module 3: Private AI and Secure Environments

As organizations explore the benefits of artificial intelligence, questions around data security, privacy, governance, and accountability become increasingly important. This session introduces the concept of private, closed, and enterprise AI environments, examining how organizations can leverage AI while maintaining appropriate controls over sensitive participant and plan information.

Module 4: Building a Governance Framework and Expert Panel Discussion

Understanding risk is only the first step. The real challenge is creating a governance framework that enables innovation while protecting participant data, meeting fiduciary obligations, and supporting sound decision-making. This session brings together the key themes explored throughout the program and translates them into a practical governance model that trustees, administrators, and plan leaders can apply within their own organizations.