Plan Sponsor Guide: Cybersecurity Checklist

It is more important than ever to prioritize the security of your company’s 401(k) plan. The Department of Labor (DOL) has recognized this urgency and has issued recommendations to help employers safeguard their plans.

For plan fiduciaries, there are many ways you can apply these best practices to effectively manage your company’s retirement plan. Read the checklist below and for more detailed information, refer to the full ‘Cybersecurity Program Best Practices – EBSA’ document here.

By implementing these guidelines and incorporating cybersecurity best practices, you can significantly mitigate the risk of cyber threats such as data breaches, fraud, and theft.

Download Cybersecurity Checklist

 

About Greenspring Advisors

At Greenspring our clients come first. we are committed to making a positive impact in the lives of our clients, their families, and our community. We are passionate about providing solutions that:

Greenspring Advisors is a registered investment adviser.  Registration does not imply a certain level of skill or training. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies.  Investments involve risk and, unless otherwise stated, are not guaranteed.  Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.

 

Greenspring Advisors

www.greenspringadvisors.com

One West Pennsylvania Avenue, Suite 500

Towson, Maryland 21204 | 443-564-4600

This information was developed as a general guide to educate plan sponsors and is not intended as authoritative guidance or tax/legal advice. Each plan has unique requirements, and you should consult your attorney or tax advisor for guidance on your specific situation.

©401(k) Marketing, LLC.  All rights reserved. Proprietary and confidential.  Do not copy or distribute outside original intent.

Information contained herein has been obtained from sources considered reliable, but its accuracy and completeness are not guaranteed. It is not intended as the primary basis for financial planning or investment decisions and should not be construed as advice meeting the particular investment needs of any investor. This material has been prepared for information purposes only and is not a solicitation or an offer to buy any security or instrument or to participate in any trading strategy. Past performance is no guarantee of future results.

Recent Insights

Boosting Retirement Confidence for Near-Retirees

Employees late in their careers need information that helps smooth the transition into retirement.

Employee Newsletter: Financial Health Edition

Achieving financial health takes time and commitment, here are three tips to help your employees stay focused.
Business has been blosomming. Shot of a group of businesspeople using a laptop in a modern office

401(k) Plan Design for an Age Diverse Workforce

Explore ways to customize retirement planning to boost your employees' confidence throughout their professional journeys.