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| DOL Puts Plan Sponsors and Other Fiduciaries on Notice: ERISA Requires Appropriate Precautions to Mitigate Cybersecurity Threats Sidley Austin LLP  [Guidance Overview] Apr. 21, 2021 "[T]he Cybersecurity Guidance formally states the DOL's position that cybersecurity is a matter of fiduciary responsibility under ERISA ... [T]he Cybersecurity Guidance does not weigh in on the issue of whether ERISA would preempt cybersecurity regulations or laws at the state level -- often a driving source of cybersecurity legal risk." |
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