About the Course
Introduction
This CLE course will provide guidance to plan fiduciaries, ERISA counsel, and service providers on trends in data breaches of ERISA benefit plans, discuss the current scope of fiduciary obligations and best practices to protect benefit plan data, and review risk mitigation considerations.
Description
Cybersecurity of personal employee data is a serious issue. Data breaches across a variety of companies and industries demonstrates that benefit plans, sponsors, and service providers are not immune. Plan sponsors and fiduciaries must be proactive to develop a course of action to address these issues.
Aside from ERISA fiduciary duty principles, there is limited guidance regarding ERISA plan fiduciary duties with respect to privacy and security of plan data and data breaches. The liability for violations of ERISA fiduciary duties can be personal to the individual fiduciary.
Plan sponsors, fiduciaries, and service providers should identify risks and understand the nuances of applicable rules and regulations. In addition, effective privacy and security practices and response procedures should be implemented to minimize potential liability.
Listen as our panel provides guidance to plan sponsors and fiduciaries, benefits counsel, and service providers on trends in data breaches in ERISA retirement plans and development of best practices. The panel will discuss the scope of fiduciary obligations to prevent breaches, best practices to protect benefit plan data, and risk mitigation considerations.
Presented By
Bio for Annie Attorney; loves horses and arguments
This is a bio for Big Boat. Big Boat is an avid reader and unicyclist.
This is a bio for speaker, Roller Coaster. Roller Coaster enjoys walks on the beach and pizza with pineapple.
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This 90-minute webinar is eligible in most states for 1.5 CLE credits.
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Date + Time
- event
Thursday, October 16, 2025
- schedule
1:00 p.m. ET./10:00 a.m. PT
I. Trends in data breaches for retirement plans and cybersecurity considerations for plan sponsors and fiduciaries
II. Lessons from recent data breaches and litigation
III. Updates to cybersecurity best practices
IV. Incorporating cybersecurity protections into service agreements with TPAs and other service providers
The panel will review these and other key issues:
- What lessons can be learned from recent breaches of retirement plan employee information and data?
- What should ERISA plan fiduciaries consider in developing benefit plan cybersecurity best practices?
- How can cybersecurity protections be incorporated into service agreements with service providers and TPAs?
- What specific obligations do plan sponsors and fiduciaries have when responding to an occurrence of a data breach?
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