USDOL Announces First-Time Cybersecurity Guidance for Benefit Plan Sponsors, Fiduciaries, Record Keepers and Participants

The U.S. Department of Labor (USDOL) Employee Benefits Security Administration (EBSA) for the first time released cybersecurity guidance for benefit plan sponsors and fiduciaries regulated by ERISA and plan participants and beneficiaries. The guidance includes:

  • Tips for Hiring a Service Provider for plan sponsors and fiduciaries
  • Cybersecurity Program Best Practices for plan fiduciaries and record-keepers
  • Online Security Tips for plan participants and beneficiaries

See the USDOL press release for more details.