Spotlight on Human Resources and Cybersecurity
Human Resources business leaders have likely spent a few restless nights wondering when it will happen and how their team will respond. Data breaches at some of the world's most recognizable names in business are making headlines almost daily. Remote work is here to stay for many, making it that much harder to keep sensitive information from exposure.
Asking employees to change passwords regularly and requiring annual cybersecurity training only goes so far. Phishing scams are looking for creative ways to trick even the most discerning member of the workforce. So, how can we prepare?
We’ve compiled this collection of resources to help you stay up to date with emerging regulations and keep data protected.
Insights
Retirement Plan Sponsors: Is Cybersecurity Part of Your Fiduciary Duty?
July 8, 2018Retirement Plan Sponsors: Is Cybersecurity Part of Your Fiduciary Duty?
July 8, 2018Cyber criminals are becoming increasingly sophisticated in targeting entities that manage vast amounts of assets and personal data—two characteristics inherent in retirement plans and their service providers.
BDO Talks ERISA Podcast - Episode 6: Protecting Your Data and Your Responsibilities as a Plan Sponsor
April 13, 2021BDO Talks ERISA Podcast - Episode 6: Protecting Your Data and Your Responsibilities as a Plan Sponsor
April 13, 2021On this episode co-hosts Beth Garner and Joanne Szupka welcome MikeStiglianese, Managing Director with BDO’s Consulting Technology Advisory Services practice in New York. Mike has served the IT industry for more than30 years and sheds light on risks currently presented today–andsteps plan sponsors can take to better prepare their workforce.
Remote Working and Cybersecurity Considerations for Plan Sponsors
May 12, 2020Remote Working and Cybersecurity Considerations for Plan Sponsors
May 12, 2020With the surge in remote working amid the coronavirus pandemic, employers are rightly focused on strengthening cybersecurity protocols to protect the sensitive information that employees access as part of their daily jobs.
Regulatory Updates
BDO Talks ERISA Podcast - Episode 11: Unpacking the Department of Labor’s Cybersecurity Guidance
September 8, 2021BDO Talks ERISA Podcast - Episode 11: Unpacking the Department of Labor’s Cybersecurity Guidance
September 8, 2021David Levine, Principal and Co-Chair of the Plan Sponsor Practice with Groom Law Group, returns to discuss the DOL’s guidance on cybersecurity and how plan sponsors should prepare for the possible impacts the guidelines could have on enforcement audits in the future.
DOL Issues Cybersecurity Guidance for Retirement Plans
June 6, 2021DOL Issues Cybersecurity Guidance for Retirement Plans
June 6, 2021On April 14, the Department of Labor (DOL) outlined a range of practices for combatting the growing threat of cybercrime to ERISA-covered retirement plans. This first-ever cybersecurity guidance issued by the DOL’s Employee Benefits Security Administration (EBSA) casts a wide net, addressing key issues affecting plan sponsors, fiduciaries, recordkeepers, as well as plan participants and beneficiaries.
Cybersecurity Considerations for the DOL’s New Electronic Disclosure Rule
February 12, 2020Cybersecurity Considerations for the DOL’s New Electronic Disclosure Rule
February 12, 2020The U.S. Department of Labor (DOL) announced a proposed new rule in October 2019 that would allow retirement plan sponsors to post plan disclosures online, rather than having to deliver this information via physical mail.
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