Cybersecurity Considerations for Benefit Plans

This document is about the ERISA Advisory Council's examination of cybersecurity considerations related to pension and welfare benefit plans. The report focuses on providing useful information to plan sponsors, fiduciaries and service providers on evaluating and developing a cybersecurity risk management program for benefit plans. It covers the background on cybersecurity threats, existing frameworks, recommendations for establishing a strategy, contracting with service providers, and insurance considerations.