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2022 Cybersecurity Issues and Recommendations for ERISA Plan Fiduciaries

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New cybersecurity developments and observations, including those relating to U.S. Department of Labor review of cybersecurity issues, warrant prompt consideration by plan fiduciaries, including those plans covered by HIPAA.

The following update includes recommendations to help ERISA retirement and health and welfare plan sponsors and responsible fiduciaries protect benefit plans and participants against cybersecurity risks and to fulfill fiduciary obligations with respect to such plans and participants.

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