John Hancock Retirement Plan Services Backs Up Participant 401(k) Retirement Accounts with Cybersecurity Guarantee
Manulife Financial Corporation (MFC)
Last manulife financial corporation earnings: 2/12 05:00 pm
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Source: PR Newswire
BOSTON, Sept. 27, 2018 /PRNewswire/ -- John Hancock Retirement Plan Services (JHRPS) has formalized current practice, offering a Cybersecurity Guarantee to reimburse eligible participants for unauthorized transfers from their 401(k) retirement accounts, another way JHRPS puts its participants first. John Hancock's technology infrastructure is scalable and strengthened with multiple layers of security. Its multi-faceted approach to data security not only includes safeguards implemented within the business unit, but also security measures at the John Hancock and global Manulife levels. The company's technology is consistent with the National Institute of Standards and Technology (NIST) guidelines, ISO 27001 principles, and other industry standard frameworks for information risk management."Retirement plan providers are technology companies," said Tony Todisco, senior vice president, Information Technology & Delivery Management. "As technology and online threats become more sophisticated
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