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Technology, people, process
Transcript

00:00:00,444 --> 00:00:03,810

(gentle music)

 

00:00:03,810 --> 00:00:07,110

- [Narrator] Every day we

spend seven hours online,

 

00:00:07,110 --> 00:00:09,990

doing our jobs, communicating with others,

 

00:00:09,990 --> 00:00:11,820

and managing our lives.

 

00:00:11,820 --> 00:00:14,010

And every minute our information

 

00:00:14,010 --> 00:00:16,830

is under attack from cyberthreats.

 

00:00:16,830 --> 00:00:19,110

The resulting impact on the industries

 

00:00:19,110 --> 00:00:22,470

that TIAA serves comes at a high price,

 

00:00:22,470 --> 00:00:24,690

and the attacks are increasing.

 

00:00:24,690 --> 00:00:28,560

Cybercriminals recognize how

attractive these targets are.

 

00:00:28,560 --> 00:00:33,180

That's why TIAA's Cybersecurity

Program is always on alert,

 

00:00:33,180 --> 00:00:37,380

relying on cutting-edge

technology, people, and process

 

00:00:37,380 --> 00:00:39,390

to help uncover threats early,

 

00:00:39,390 --> 00:00:41,640

protect client data and accounts,

 

00:00:41,640 --> 00:00:43,053

and prevent fraud.

 

00:00:44,359 --> 00:00:47,550

(upbeat music)

 

00:00:47,550 --> 00:00:50,520

Our global operation

continuously leverages

 

00:00:50,520 --> 00:00:53,160

artificial intelligence

and machine learning

 

00:00:53,160 --> 00:00:56,970

to monitor and analyze

network events in real-time.

 

00:00:56,970 --> 00:01:00,360

This provides faster

detection, greater efficiency,

 

00:01:00,360 --> 00:01:04,470

and more confidence that

data and accounts are secure.

 

00:01:04,470 --> 00:01:08,490

TIAA relies on multi-factor authentication

 

00:01:08,490 --> 00:01:12,090

to help ensure only

account owners gain access.

 

00:01:12,090 --> 00:01:14,610

Our always-on, user-friendly approach

 

00:01:14,610 --> 00:01:18,660

also offers additional security

like one-time passcodes

 

00:01:18,660 --> 00:01:22,680

or biometrics through TIAA's mobile app.

 

00:01:22,680 --> 00:01:25,530

While our technology

is constantly at work,

 

00:01:25,530 --> 00:01:28,710

so is our global cybersecurity team.

 

00:01:28,710 --> 00:01:30,960

Hundreds of dedicated specialists

 

00:01:30,960 --> 00:01:35,160

with expertise in cybersecurity,

fraud, risk management,

 

00:01:35,160 --> 00:01:37,380

and information technology.

 

00:01:37,380 --> 00:01:39,870

They proactively defend our network,

 

00:01:39,870 --> 00:01:42,210

plan sponsors, and participants

 

00:01:42,210 --> 00:01:44,460

from data and financial losses.

 

00:01:44,460 --> 00:01:47,790

And all TIAA associates remain vigilant

 

00:01:47,790 --> 00:01:49,500

in preventing attacks thanks

 

00:01:49,500 --> 00:01:53,190

to our award-winning

cybersecurity awareness program.

 

00:01:53,190 --> 00:01:56,160

Our team is active in

the larger world too.

 

00:01:56,160 --> 00:01:57,780

We collaborate with clients

 

00:01:57,780 --> 00:02:00,000

on their own cybersecurity efforts

 

00:02:00,000 --> 00:02:03,330

by providing best

practices, timely webinars,

 

00:02:03,330 --> 00:02:06,450

thought leadership,

and employee education.

 

00:02:06,450 --> 00:02:08,730

These efforts help keep data secure

 

00:02:08,730 --> 00:02:10,980

throughout our collective ecosystem.

 

00:02:10,980 --> 00:02:12,870

Beyond that, we are connected

 

00:02:12,870 --> 00:02:14,970

with industry and federal agencies

 

00:02:14,970 --> 00:02:16,920

to share threat intelligence.

 

00:02:16,920 --> 00:02:19,020

It's all of us working together

 

00:02:19,020 --> 00:02:22,530

to help stay one step

ahead of cyberattacks.

 

00:02:22,530 --> 00:02:25,320

But what if, in spite of our best efforts,

 

00:02:25,320 --> 00:02:28,380

data is breached from

unauthorized activity

 

00:02:28,380 --> 00:02:31,350

and money is lost through

no fault of the owner?

 

00:02:31,350 --> 00:02:35,310

It is TIAA's practice

to reimburse that loss

 

00:02:35,310 --> 00:02:38,250

and will cover the cost

of identity theft repair

 

00:02:38,250 --> 00:02:41,910

and credit monitoring to

help recover any impact.

 

00:02:41,910 --> 00:02:43,530

That's our commitment,

 

00:02:43,530 --> 00:02:46,830

along with our continued

vigilance in helping ensure

 

00:02:46,830 --> 00:02:49,203

that never happens in the first place.

 

00:02:50,453 --> 00:02:53,036

(upbeat music)

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Investment, insurance and annuity products are not FDIC insured, are not bank guaranteed, are not deposits, are not insured by any federal government agency, are not a condition to any banking service or activity, and may lose value.

The TIAA group of companies does not provide legal or tax advice. Please consult your tax or legal advisor to address your specific circumstances.

TIAA-CREF Individual & Institutional Services, LLC, Member FINRA and SIPC , distributes securities products. SIPC only protects customers' securities and cash held in brokerage accounts. Annuity contracts and certificates are issued by Teachers Insurance and Annuity Association of America (TIAA) and College Retirement Equities Fund (CREF), New York, NY. Each is solely responsible for its own financial condition and contractual obligations.

Teachers Insurance and Annuity Association of America is domiciled in New York, NY, with its principal place of business in New York, NY. Its California Certificate of Authority number is 3092.

TIAA-CREF Life Insurance Company is domiciled in New York, NY, with its principal place of business in New York, NY. Its California Certificate of Authority number is 6992.

Read the TIAA-CREF Individual & Institutional Services, LLC, Statement of Financial Condition.

© automatically this year and prior years, Teachers Insurance and Annuity Association of America - College Retirement Equities Fund, New York, NY 10017