This document is about the 2022 ERISA Advisory Council's intention to examine the role that cybersecurity insurance plays in addressing cybersecurity risks for employee benefit plans. It provides background information on previous Council reports related to privacy, security, and cybersecurity issues, as well as the Department of Labor's recent cybersecurity guidance. The Council aims to gain an understanding of the cybersecurity insurance market, the terms of typical policies, and the views of plan administrators regarding cybersecurity insurance coverage.
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