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Important Questions to Ask Retirement Plan Service Providers
Pensions & InvestmentsLink to more items from this source
Aug. 24, 2015
"Defined contribution plan executives must ask many questions of service providers about the scope of their cybersecurity policies and practices. The questions should be asked not only of current providers but also when issuing RFPs ... Has the company experienced any security breaches? ... Does the company carry cybersecurity insurance? ... Does the service provider conduct periodic risk assessments ... Are technology systems regularly updated? ... Is advanced authentication used by the company?"

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