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Shocking research on pension scheme cybersecurity

Recent information and news coverage has suggested areas of concern when it comes of pension scheme cybersecurity across UK pension policies. There are concerns that not all scheme providers are focusing on cybersecurity as much as they should be, and this is a cause for worry.

As most employers are now legally required to provide pension schemes to their workforce, it is incredibly worrying to think that the details of many of the UK working population may not be sufficiently protected from potential exposure. If pension providers are failing to prevent and prepare for cyberattacks, they could be in breach of data protection obligations.

Although victims can then be eligible to claim data breach compensation, the stress and worry of a breach – and the cost for a business – is something to actively try to avoid.

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Claim compensation for a data breach at work

When a data breach occurs in your place of work, the stress on employees can be significant; whether you are one of those dealing with the repercussions, or one of the people who has had your private information exposed. The victims, in particular, can be adversely affected both psychologically and materially, so a data breach at work can represent a huge failure on the part of the company involved.

In fact, many workplace data breaches are caused by the neglect of basic data protection principles and cybersecurity measures, meaning that the company itself can often be held liable for the occurrence of the breach. Every employer has a duty to uphold strong data protection, both for their customers and their employees. When this duty is breached, affected employees may have a right to claim compensation for the damage caused to them.

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