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2022 ERISA Advisory Council Issue Statement: Cybersecurity Insurance and Employee Benefit Plans (PDF)
Advisory Council on Employee Welfare and Pension Benefit Plans, Employee Benefits Security Administration [EBSA], U.S. Department of Labor [DOL]
June 29, 2022 "The 2022 Advisory Council intends to examine the role that cybersecurity insurance plays in addressing cybersecurity risks for employee benefit plans. The Council intends to build on prior Council reports focused on privacy and security issues (2011) and cybersecurity for retirement plans (2016).... [T]he Council intends to look at the insurance topic as it relates to all types of benefit plans-- not only defined contribution and defined benefit pension plans but also group health and other welfare benefit plans." |
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