Morgan Lewis partner Matthew Hawes was quoted in a Pensions & Investments article regarding the DOL’s Employee Benefits Security Administration’s (EBSA’s) cybersecurity audit of plan fiduciaries. EBSA released its cybersecurity guidance in April and has since then expected retirement plans to comply with questions and document requests involving their cybersecurity practices. Matt said, "To have a deep and fulsome audit initiative coming before fiduciaries have much of an opportunity to fully digest and address their own policies, procedures, guidelines and practices is really surprising and even a little bit unfair.”
Read the full Pensions & Investments article >>
Subscription may be required.