"Although the U.S. courts have yet to decide whether managing cybersecurity risk is a fiduciary function, the ERISA Advisory Council has asked the [DOL] to issue guidance for retirement plan cybersecurity [and] lawmakers have asked the [GAO] to examine cybersecurity in the U.S. retirement system.... Some providers are now offering cybersecurity guarantees.... There are steps plan sponsors should encourage participants to take as well to protect their retirement plan accounts."  MORE >>