Practical Perspective on the DOL Cybersecurity Rules

April 27, 2022

News

McDonald Hopkins' Elliot Raff recently sat down with Curcio Webb to share his perspective on how the DOL Cybersecurity rules apply to retirement plan sponsors.

In the "Ask Them Anything" style podcast hosted by Jamie Curcio, Elliot and Brian Dennen, head of Curcio Webb's retirement administration practice, go beyond DOL regulations guidance to examine the wider ramifications of security breaches. In plain English: “If bad stuff happens, what then?”

Some of the questions and issues addressed:

Did you know that a cyber security action plan is the responsibility of a plan sponsor?
Ask yourself: do we have the expertise to develop such a plan internally or do we need to hire an external expert?
Is your contracting protected in the case of account theft?
When you hear what they “say” they’ll do, check it out: is it written into the contract?

Tune in to the video podcast, below:

McDonald Hopkins, a destination law firm for top legal talent, is pleased to announce that Madison Massie has joined the firm's Business Department as an Associate, bringing her knowledge and expertise to the Tax and Benefits Practice Group.

Companies should begin evaluating whether they qualify for an exemption from CTA reporting requirements, and if not, begin preparing reporting information and constructing policies to ensure continued compliance with the CTA.

The past year has been dominated by news of Beyoncé’s Renaissance World Tour and Taylor Swift’s Eras Tour but tickets have been incredibly difficult to come by. This is largely due to ticket scalpers, however, the Internal Revenue Service, IRS, is taking action to help concert-goers.

Practical Perspective on the DOL Cybersecurity Rules

Related Services

You may also be interested in