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DOL Confirms Cybersecurity Guidance Applies to Health and Welfare Plans

On September 6, 2024, the U.S. Department of Labor (DOL) confirmed its cybersecurity guidance applies to all employee benefit plans, including health and welfare plans. In 2021, the DOL issued guidance providing best practices in cybersecurity for plan sponsors, plan fiduciaries, recordkeepers, and plan participants. The retirement plan industry took notice and has generally made […]
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The Role of HR in Creating a Culture of Cybersecurity Awareness 

With businesses increasingly relying on technology, cybersecurity threats are more prevalent than ever. Cyberattacks can target any organization, from small businesses to large corporations, and cause financial loss and long-lasting reputational damage. While information technology (IT) teams are often seen as the front line of defense against these attacks, human resources (HR) plays a crucial […]
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