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Cybersecurity Program Best Practices - DOL

EMPLOYEE BENEFITS SECURITY ADMINISTRATION UNITED STATES DEPARTMENT OF LABOR. Cybersecurity Program best Practices . ERISA-covered plans often hold millions of dollars or more in assets and maintain personal data on participants, which can make them tempting targets for cyber-criminals. Responsible plan fiduciaries have an obligation to ensure proper mitigation of Cybersecurity risks. The Employee Benefits Security Administration has prepared the following best Practices for use by recordkeepers and other service providers responsible for plan-related IT systems and data, and for plan fiduciaries making prudent decisions on the service providers they should hire. Plans' service providers should: 1. Have a formal, well documented Cybersecurity Program .

9. A Business Resiliency Program which Effectively Addresses Business Continuity, Disaster Recover, and Incident Response. Business resilience is the ability an organization has to quickly adapt to disruptions while maintaining continuous business operations and safeguarding people, assets, and data. The core components of a program include the

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