An Overview of the DOL’s New Guidance on Cybersecurity

On April 14, 2021, the Department of Labor’s Employee Benefits Security Administration (“EBSA”) issued, for the first time, guidance on best practices for maintaining cybersecurity. The guidance came in the form of three documents: “Cybersecurity Program Best Practices,” which is intended to assist plan fiduciaries and service providers in meeting their responsibilities to manage cybersecurity risks;......
By: Stroock & Stroock & Lavan LLP

Array