Achieve and Maintain DOL Compliance

2021 DOL Guidance

  1. Retirement plan sponsors and fiduciaries must demonstrate that they and their service providers have strong cybersecurity programs in place.
  2. During a DOL audit, plan sponsors and fiduciaries must demonstrate that they followed a prudent process and that service providers have strong cybersecurity programs

Third Party Audit

“Having an independent auditor assess an organization’s security controls provides a clear, unbiased report of existing risks, vulnerabilities and weaknesses”

-DOL Cybersecurity Best Practices

Annual Assessments

“Conduct prudent annual risk assessments”

-DOL Cybersecurity Best Practices