"Citing resistance from health and welfare plan service providers, the DOL updated its 2021 cybersecurity guidance to clarify that it 'generally applies to all employee benefit plans, including health and welfare plans.' This clarification is the only material change in the update. Despite that, the update serves as a useful impetus for employers to survey their current cybersecurity practices with respect to their benefit plans. Why? Security breaches are becoming more common, larger in scope, and resulting in larger liability"  MORE >>