New Cybersecurity Insights From ERISA Rulings, DOL Advice

By Richard Nowak and Alexander Vitruk (June 14, 2021, 2:03 PM EDT) -- Cybersecurity has become critically important to plan sponsors, plan administrators and plan participants. With retirement plans holding an estimated $9.3 trillion in assets as well as sensitive information for approximately 140 million plan participants,[1] retirement accounts are especially attractive targets for cyber-enabled fraud....

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