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Further Thoughts on the DOL's Informal Guidance on Cybersecurity
The Wagner Law GroupLink to more items from this source
[Guidance Overview]
Oct. 25, 2021

"From a plan sponsor's perspective, one difficulty with achieving full compliance with the DOL guidance is that much of the required actions are controlled by their service providers, often serving under outdated contracts.... Even if a service provider fully implements all of the DOL's best practices, it is likely the service provider will also include language in its agreement to cap its liability in some fashion[.]"

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