May 15, 2021

Volume XI, Number 135

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DOL Issues Cybersecurity Guidance Focused on ERISA

Last week, the Employee Benefits Security Administration arm of the Department of Labor issued guidance focused on protecting and preventing workers’ benefits from the escalating impact of cybersecurity threats. 

The guidance, which addressed plan sponsors and fiduciaries regulated by the Employee Retirement Income Security Act, along with plan participants and beneficiaries, provides key sample questions that should be asked of service providers handling sensitive data and best practices for those service providers to minimize risk. The guidance also addresses basic online security tips for participants and beneficiaries. 

With the continued rise of cyberattacks and the lucrative target that is retirement assets and benefits, this guidance both emphasizes the importance of each player’s role in preventing fraud and loss and provides helpful direction in curtailing the same.

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©2021 Roetzel & AndressNational Law Review, Volume XI, Number 110
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About this Author

Stephanie Olivera Mittica Employment Lawyer Roetzel
Associate

Ms. Mittica focuses her practice on employment and labor law. She represents public and private sector clients in employment-related counseling and litigation on a broad array of matters, including claims of discrimination based on race, gender, disability, age, sexual harassment and hostile work environment, Section 1983 claims, employment contracts, and wage and hour disputes, in state and federal courts and before various administrative agencies. She also counsels clients on various federal, state, and local statutes to ensure compliance with applicable laws. Ms....

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