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Retirement Plan Cybersecurity Audits Shock Unprepared Industry, Bloomberg Law

June 28, 2021

Partner Elizabeth Goldberg was quoted in a Bloomberg Law article regarding the US Department of Labor Employee Benefits Security Administration’s (EBSA’s) recent enforcement of its cybersecurity guidance for fiduciary plans. EBSA seeks to prioritize cybersecurity in the coming fiscal year and companies now face the pressure of evaluating their own cybersecurity plans ahead of EBSA’s audit. Elizabeth said, “I’m not surprised they’re enforcing it, but I was surprised it happened so quickly.”

Read the full Bloomberg Law article >>