• mark61504

Cybersecurity & Your Provider



In May of this year, some of us in the South and Mid-Atlantic experienced what can happen when networks aren't secure. The Colonial Pipeline hack created disruptions throughout much of our country. When we apply these lessons to our retirement plan vendors, it is imperative to evaluate their readiness for such an attack. You can assume that your vendors will be breached and it is important to understand the steps they have in place. To that end, EBSA (Employee Benefits Security Administration) have developed cybersecurity best practices. You can use these best practices to evaluate your vendor and document your fiduciary process. EBSA BEST PRACTICES

8 views0 comments

Recent Posts

See All

2022 Retirement Plan Limits

Balancing a plan with changing demographics can be a challenge. Employee turnover in a small retirement plan can make or break your plan design. The 2022 limits are out with large increases in compe