{"id":1912,"date":"2021-06-25T17:31:12","date_gmt":"2021-06-25T17:31:12","guid":{"rendered":"https:\/\/www.amalgamatedbenefits.com\/amalgamated-employee-benefits-administrators\/?p=1912"},"modified":"2022-08-03T20:37:46","modified_gmt":"2022-08-03T20:37:46","slug":"best-practices-for-dol-retirement-plan-cybersecurity-compliance","status":"publish","type":"post","link":"https:\/\/www.amalgamatedbenefits.com\/amalgamated-employee-benefits-administrators\/best-practices-for-dol-retirement-plan-cybersecurity-compliance\/","title":{"rendered":"Best Practices for DOL Retirement Plan Cybersecurity Compliance"},"content":{"rendered":"
On April 14, 2021, the U.S. Department of Labor (DOL) introduced new cybersecurity guidance for retirement plans, including best practices to protect retirement plans from cyber threats. More recently, the DOL has begun to audit retirement plans specifically to see how well they are protected from potential cyber attacks. For plan sponsors, fiduciaries, and administrators, it is imperative that they be proactive in following the DOL\u2019s guidance in this area and the recommended best practices. To begin, the DOL recommends hiring a qualified cybersecurity service firm.<\/p>\n
When selecting a cybersecurity firm, the DOL recommends that organizations should seek out a firm that:<\/p>\n
In addition to a prudent selection of a cybersecurity service provider, organizations responsible for protecting workers\u2019 retirement plans are also advised by the Employee Benefits Security Administrator to make sure that all of the plans\u2019 service providers:<\/p>\n
With the DOL now moving forward with its retirement plan cybersecurity audits, it is imperative that plan sponsors, fiduciaries and administrators heed its guidance and implement the proper measures.<\/p>\n","protected":false},"excerpt":{"rendered":"
On April 14, 2021, the U.S. Department of Labor (DOL) introduced new cybersecurity guidance for retirement plans, including best practices to protect retirement plans from cyber threats. More recently, the DOL has begun to audit retirement plans specifically to see how well they are protected from potential cyber attacks. For plan sponsors, fiduciaries, and administrators,… Read more »<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2],"tags":[],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.amalgamatedbenefits.com\/amalgamated-employee-benefits-administrators\/wp-json\/wp\/v2\/posts\/1912"}],"collection":[{"href":"https:\/\/www.amalgamatedbenefits.com\/amalgamated-employee-benefits-administrators\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.amalgamatedbenefits.com\/amalgamated-employee-benefits-administrators\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.amalgamatedbenefits.com\/amalgamated-employee-benefits-administrators\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.amalgamatedbenefits.com\/amalgamated-employee-benefits-administrators\/wp-json\/wp\/v2\/comments?post=1912"}],"version-history":[{"count":2,"href":"https:\/\/www.amalgamatedbenefits.com\/amalgamated-employee-benefits-administrators\/wp-json\/wp\/v2\/posts\/1912\/revisions"}],"predecessor-version":[{"id":2133,"href":"https:\/\/www.amalgamatedbenefits.com\/amalgamated-employee-benefits-administrators\/wp-json\/wp\/v2\/posts\/1912\/revisions\/2133"}],"wp:attachment":[{"href":"https:\/\/www.amalgamatedbenefits.com\/amalgamated-employee-benefits-administrators\/wp-json\/wp\/v2\/media?parent=1912"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.amalgamatedbenefits.com\/amalgamated-employee-benefits-administrators\/wp-json\/wp\/v2\/categories?post=1912"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.amalgamatedbenefits.com\/amalgamated-employee-benefits-administrators\/wp-json\/wp\/v2\/tags?post=1912"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}