Partners Elizabeth Goldberg, Matthew Hawes, and Lindsay Jackson and associates Michael Gorman and Gena Yoo authored an article for Architecture and Governance Magazine after the US Department of Labor (DOL) issued three pieces of guidance addressing the cybersecurity practices of retirement plan sponsors, vendors, and plan participants. “As far as next steps are concerned, we encourage plan sponsors, fiduciaries, and service providers to consult the new guidance, enhance their existing data security protocols, and consider revisiting service provider agreements to better reflect the best practices set forth by the DOL,” the team advised.
Read the full Architecture and Governance Magazine article >>