Corporate Retirement Plan Advisors
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plan data and private information are valuable, but unfortunately, cybersecurity is a critical but often overlooked aspect of
a plan sponsor’s fiduciary responsibility.
Given the risk of cyberattacks
targeting plan data and retirement savings, it’s important for plan sponsors to
be diligent and proactive in making sure they understand what safeguards their
third-party 401(k) service providers have in place to protect participants’
privacy and keep their data safe and secure.
Here are 11 key questions you should
be asking your 401(k) service providers about the cybersecurity of your
retirement plan data.
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