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DOL Issues New Guidance On Cybersecurity For Retirement Benefit Plans - Employment and HR

The Department of Labor (DOL) has issued its first-ever guidance 1 on cybersecurity for ERISA-regulated retirement benefit plans. This guidance comes shortly after the Government Accountability Office (GAO) released a report 2 calling on the DOL to clarify how plan administrators should address cybersecurity risks for defined benefit plans. The DOLs guidance, which suggests combating cybercrime should be a priority for plan sponsors and fiduciaries, also provides tips to participants and benef...
Employee Benefits Security Administration Security Administration Cybersecurity Program Best Practices Accountability Office Tips For Hiringa Service Provider Department Of Labor
Source: mondaq.com

DOL Finally Issues Cybersecurity Guidance for Retirement Plans | Murtha Cullina

To embed, copy and paste the code into your website or blog: On April 14, 2021, the U.S. Department of Labor’s (DOL’s) Employee Benefits Security Administration (EBSA) finally issued first-ever guidance for plan sponsors, plan fiduciaries, record keepers and plan participants on best practices for maintaining cybersecurity to protect the retirement benefits of America’s workers under ERISA-subject private sector employer-sponsored retirement plans. Background. The Employee Retirement Inco...
United States Employee Benefits Security Administration Us Department Of Labor Cybersecurity Program Best Practices Advisory Council Tips For Hiringa Service Provider

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