Carruth Incident

This week we learned that Carruth Compliance Consulting, the third-party administrator of Banks School District’s 403(b) and 457(b) retirement savings plans, discovered suspicious activity on its computer systems on December 21, 2024 (the “Carruth Incident” or “Incident”). Carruth reported that an investigation revealed that sensitive employee data for Carruth’s clients, including Banks School District, was affected. Carruth’s customers […]