ERISA plan administration and investment transactions depend upon rapid and secure real time access to sensitive private information accumulated over many years. As record keeping and investment solutions addressing this need have grown to depend upon ever larger collections of electronic data, attention is shifting to the vulnerablity of that data to misbehavior ranging from merely careless record keeping to malicious intrusions.
The panel will address:
- the cybersecurity duties of ERISA fiduciaries who must reconcile the sometimes conflicting duties to preserve plan records and to protect them from misuse;
- approaches to partnering with plan vendors to protect plan asset and data; and
- specific technical approaches to protecting data
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