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Best Practices for ERISA Fiduciary Responsibilities and Cybersecurity for Retirement Plans (PDF)
Mintz in Thomson Reuters Practical Law
[Guidance Overview] Aug. 25, 2021 12 pages. "[P]rudent selection and monitoring of plan service providers that may handle PII requires critical due diligence of the third-party service provider's systems, data storage, and encryption security.... When employees work from home, companies may face additional risk from employees who take shortcuts to ease working on personal devices or outside of the organization's regular environment.... The main components of a business resiliency program are a business continuity plan, disaster recovery plan, and incident response plan." MORE >> |
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