ERISA Cybersecurity for Retirement Plans

ERISA Cybersecurity for Retirement Plans

ERISA Cybersecurity

Understanding the Requirement

Recent DOL guidance establishes cybersecurity as a core fiduciary duty for retirement plan sponsors. This means implementing reasonable security measures, conducting regular assessments, and maintaining proper oversight of service providers.

Our ERISA Cybersecurity Framework

We help plan sponsors meet their cybersecurity obligations through practical, implementable security measures that protect participant data and demonstrate reasonable fiduciary care.

What We Provide

  • ERISA cybersecurity compliance assessment
  • Service provider cybersecurity evaluation and oversight
  • Participant data protection protocols and monitoring
  • Incident response planning specific to retirement plans
  • Documentation to demonstrate fiduciary compliance

Regulatory Focus

DOL cybersecurity guidance, ERISA fiduciary standards, participant notification requirements

Frequently Asked Questions

Common questions about ERISA cybersecurity requirements.

1Why do retirement plans need cybersecurity measures?

The Department of Labor recognizes that retirement plan data is valuable to cybercriminals and has established cybersecurity as a fiduciary responsibility. Plan sponsors must implement reasonable cybersecurity measures to protect participant information and plan assets.