Department of Labor Issues Cybersecurity Best Practices for ERISA-Covered Plans

May 20, 2021

ERISA-covered plans often hold millions of dollars or more in assets and maintain personal data on participants, which can make them tempting targets for cyber-criminals. Responsible plan fiduciaries have an obligation to ensure proper mitigation of cybersecurity risks. The Employee Benefits Security Administration has prepared the following best practices for use by recordkeepers and other service providers responsible for plan-related IT systems and data, and for plan fiduciaries making prudent decisions on the service providers they should hire. 

LEARN MORE
Related Articles
MCAA Member Sloan received a United States Green Building Council (USGBC) LEED Silver plaque at a June 11 event. The plaque honors the company’s sustainability efforts at its Chicago Fulton Market District flagship showroom and office space. MCAA congratulates the entire Sloan team on this achievement.…
Registration for the 2024 MCAA GreatFutures Forum is now open. Join us for this three-day annual conference designed to connect MCAA members with students interested in internship and full-time opportunities in mechanical contracting. MCAA Student Chapter Members, Faculty Advisors, Members, Local Association Executives and Forum Sponsors all enjoy complimentary registration, so register today!…
Mechanical contractors face an uncertain insurance market. MCAA’s Captive Insurance explores the use of captive, or privately held, insurance as a way to mitigate risk and provide greater cost control relative to a contractor’s insurance premiums. It’s just one of MCAA’s educational resources that are free to MCAA members as a benefit of membership.…
MCAA’s 2023 film on Mental Health Awareness and Suicide Prevention has been selected as a winner of a highly prestigious Telly Award.…
Load More...