Continuing our two-part series, our co-hosts are joined by Steve Combs, Managing Director, Cloud Security & Infrastructure (CS&I), BDO Digital to continue their discussion of DOL’s cybersecurity guidance and how it helps combats the growing threat of cybercrime to ERISA-covered retirement plans. Get answers to the key questions plan sponsors might have regarding the scope of the guidance, along with the following three forms that come with it: Tips for Hiring a Service Provider, Cybersecurity Program Best Practices and Online Security Tips.

Key Takeaways:

[01:10] Recapping the three forms that come with DOL’s cybersecurity guidance

[02:10] Beth introduces Steve Comes with the BDO Digital team

[04:45] Evaluating Service Providers and their Service Agreements

[07:37] Identifying and addressing common system weaknesses

[13:04] Managing a data breach incident

[20:12] Combatting cyberthreats

Listen to our prior episode DOL’s Cybersecurity Guidance for Retirement Plans for part 1 of this two-part series on cybersecurity, where we discuss the scope and implications of DOL’s cybersecurity guidance with Greg Schu, Partner, Cybersecurity – National PCI Compliance Lead, BDO Digital.

Resources:

BDO.com

Beth on LinkedIn

Steve Combs on LinkedIn

Related Insight:

DOL Issues Cybersecurity Guidance For Retirement Plans