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DOL provides cybersecurity guidance | Ary Rosenbaum

The Department of Labor (DOL) has issued guidance for plan sponsors and plan providers that cover best practices for them for maintaining cybersecurity. ....

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Department of Labor Publishes Cybersecurity Guidance | Hodgson Russ LLP

In April, the Department of Labor’s ("DOL") Employee Benefits Security Administration ("EBSA"), for the first time, published subregulatory guidance aimed directly at sponsors of ERISA. ....

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DOL's New Cybersecurity Guidance - Employment and HR

On April 14, 2021, the United States Department of Labor issued for the first time guidance to retirement plan sponsors, fiduciaries, record keepers, service providers and plan participants guidance on cybersecurity issues. ....

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Department of Labor's Cybersecurity Guidance for Benefit Plans Signals Increased Scrutiny | Akin Gump Strauss Hauer & Feld LLP

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On April 14, 2021, the Department of Labor (DOL) issued its first set of guidance documents related to the cybersecurity of retirement benefit plans covered by the Employee Retirement Income Security Act (ERISA). The three-part guidance is aimed at various stakeholders plan fiduciaries, service providers, plan participants and beneficiaries and provides cybersecurity expectations for plan fiduciaries and best practices for their service providers.
Cybersecurity has become an area of critical importance to plan sponsors and administrators of employee benefit plans, as well as their service providers, as they increasingly rely on the Internet and IT systems to administer those plans. In a February 2021 Government Accountability Office (GAO) Report, the GAO, an independent and non-partisan U.S. legislative agency that monitors and audits government spending and operations, highlighted the significant cybersecurity r ....

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Department Of Labor's Cybersecurity Guidance For Benefit Plans Signals Increased Scrutiny - Technology

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On April 14, 2021, the Department of Labor (DOL) issued its
first set of guidance documents related to the cybersecurity of
retirement benefit plans covered by the Employee Retirement Income
Security Act (ERISA). The three-part guidance is aimed at various
stakeholders-plan fiduciaries, service providers, plan participants
and beneficiaries-and provides cybersecurity expectations for plan
fiduciaries and best practices for their service providers.
Cybersecurity has become an area of critical importance to plan
sponsors and administrators of employee benefit plans, as well as
their service providers, as they increasingly rely on the Internet ....

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