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Needham retirement board to confirm whether town cyber insurance covers retirement system
Summary
Board members raised cybersecurity as a recurring conference topic and asked the finance department and counsel to confirm whether the town's cyber insurance covers the separate retirement system; the administrator said vendors offered presentations at MACRS and the board will consider inviting them after reviewing conference sessions.
Cybersecurity and cyber-insurance coverage for the retirement office surfaced as a topic during the Nov. 12 meeting.
Administrator Jacob Cole said cybersecurity has been a recurring theme at recent PERAC and MACRS conferences and that vendors had offered to present…
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