Cybercriminals are attacking more than 401,000 IRAs and Roth IRAs to be able to hack more of your money. Simple tips to protect your savings. MINNEAPOLIS If you have money in a retirement account, you may be at risk. Financial advisors say that hacks against 401K and other retirement accounts are on the rise.
Before opening a retirement account of any kind, whether it's a self-managed IRA or another type of plan, there are best practices consumers can employ to protect their personal information (and, in some cases, their hard-earned retirement savings). It is especially up to the IRA depositary to ensure that they have security measures in place to prevent fraudulent activities and customer identity theft.
