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