Department of Labor cybersecurity guidance for employers, plan sponsors, fiduciaries, and recordkeepers

On September 6, 2024, the Department of Labor (DOL) updated its cybersecurity guidance for employers, plan sponsors, fiduciaries, and recordkeepers. The updated guidance includes the following tips: Beyond comparing security standards, practices, policies, and audit results to industry standards, seek service providers who employ an independent third-party auditor to review and validate their