"Health and welfare plan sponsors will find that many vendors already emphasize cybersecurity.... [T]he DOL's guidance serves as a valuable checklist for sponsors to evaluate their service providers through a fiduciary lens.... [S]ponsors should assess their internal cybersecurity measures, especially if they retain sensitive plan-related data. ERISA's 'prudence' requirement hinges on adopting a sound process -- a hallmark of effective fiduciary responsibility."  MORE >>