DOL Updates Cybersecurity Guidance to Confirm It Applies to All Employee Benefit Plans

The U.S. Department of Labor (DOL) updated its 2021 cybersecurity guidance to clarify that it applies to all employee benefit plans. The DOL guidance confirms that plan fiduciaries, including health and welfare plan fiduciaries, have an obligation to evaluate the cybersecurity procedures of plan record-keepers and other service providers....
By: Ballard Spahr LLP

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