by Roland|Criss | Feb 27, 2024 | Retirement Plans
Article As the digital landscape continues to evolve, organizations are facing an increasing number of cybersecurity threats. Employee benefit plans (“EBP”), in particular, have become a prime target for cybercriminals due to the sensitive personal and...
by Roland|Criss | Feb 27, 2024 | Retirement Plans
Article Awareness of the major sources of cyber threats is essential in developing an effective cybersecurity strategy for protecting retirement, pension, health, and welfare plan (collectively employee benefit plans or “EBP”) data and assets. This briefing explores...
by Roland|Criss | Feb 27, 2024 | Retirement Plans
Article Typically, when the U.S. Department of Labor (“DOL”) issues a new rule or guidance on fiduciary responsibility, it takes a long period before it gets its audits of plan sponsors underway. That was not the case with the DOL’s cybersecurity...
by Roland|Criss | Feb 27, 2024 | Retirement Plans
Article Artificial intelligence (“AI”) has become a transformative force in the employee benefit plan (“EBP”) community, offering significant advantages to recordkeepers and investment firms in transaction processing, data analysis, and...
by Roland|Criss | Feb 27, 2024 | Retirement Plans
Article In its guidance for selecting service providers with strong cybersecurity practices, the U.S. Department of Labor’s Employee Benefits Security Administration (“EBSA”) requires plan sponsors to: “Look for service providers that follow a...