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UnitedHealth Group Announces Cyberattack Response Plan

UnitedHealth Group Announces Cyberattack Response Plan
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Benefits Counselor – May 2021 - Employment and HR

Benefits Counselor – May 2021 - Employment and HR
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U.S. Department Of Labor Weighs In On Cybersecurity For ERISA Plans - Employment and HR

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On April 14th, 2021, the Department of Labor ( DOL )
issued cybersecurity guidance to plan sponsor and fiduciaries,
recordkeepers and other service providers and participants and
beneficiaries of plans regulated by the Employee Retirement Income
Security Act of 1974, as amended ( ERISA ). The guidance
is presented in three separate parts: Tips for Hiring a Service Provider with Strong
Cybersecurity Practices, Cybersecurity Program Best
Practices and Online Security Tips for Participants and
Beneficiaries.
Over the past ten years, cybersecurity has become an area of
critical importance to plan sponsors, plan administrators and plan ....

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DOL Releases Cybersecurity Guidance | Kilpatrick Townsend & Stockton LLP

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On April 14, 2021, the Department of Labor (“DOL”) issued several pieces of guidance on cyber security best practices, including: (1) a press release, (2) Online Security Tips for retirement plan participants, (3) a Tips for Hiring a Service Provider with Strong Cybersecurity Practices, and (4) Cybersecurity Program Best Practices. This set of cybersecurity guidance emphasizes how critical it is for fiduciaries to focus on cybersecurity issues in selecting, contracting with and monitoring the performance of recordkeepers and other plan service providers to protect plan participants. Fiduciaries should focus on cybersecurity in performing service provider due diligence, in negotiating service provider contracts, and in ongoing monitoring of a service provider’s compliance with policies and procedures and to ensure that any breaches are promptly reported, investigated and addressed. ....

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