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VIEWPOINT: DOL Issues New Cybersecurity Guidance for Plan Sponsors, Others

On April 14. 2021, the U.S. Department of Labor (DOL)  issued much-needed guidance concerning best practices for plan sponsors, fiduciaries, record-keepers, participants and beneficiaries pertaining to cybersecurity for retirement plans.  The DOL’s guidance focuses on three specific topics: hiring service providers, managing cybersecurity risks, and online-security tips for participants to avoid risk of fraud and loss. Although […]

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