Cybersecurity Considerations for Employers Sponsoring ERISA Plans

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In its most recent step to combat cybersecurity risks to employee benefit plans, the U.S. Department of Labor (DOL) clarified on September 6, 2024, that its guidance on cybersecurity applies to health and welfare plans as well as retirement plans. The new guidance underscores the risk to employers that fail to ensure adequate cybersecurity of plan data and assets….
By: Littler
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