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DOL Dips Its Toe Into the World of ERISA Plan Cybersecurity
Polsinelli PCLink to more items from this source
[Guidance Overview]
Apr. 26, 2021

"Rather than passively accepting a service providers' cybersecurity policies and procedures, the DOL's guidance states that fiduciaries have an obligation to actively inquire about (and if necessary, request changes to) their service providers' cybersecurity policies. The guidance is clear that it is no longer acceptable to merely accept what is presented by a service provider."

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