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The DOL's Cybersecurity Guidance for Retirement Plan Sponsors, Service Providers and Participants
Ropes & Gray LLPLink to more items from this source
[Guidance Overview]
May 11, 2021

"[P]lan sponsors should confirm that multi-factor authentication is a default security feature with their current recordkeeper and inquire about how often a participant is required to change their password, and whether the password requirements for participants are robust.... [D]ata breaches will happen despite reasonable precautions, and so sponsors and recordkeepers should have an organized plan to respond to any incident -- and they should practice this plan by using mock 'tabletop' exercises." [Podcast, with transcript]

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