Cybersecurity for Qualified Retirement Plans Resource Kit
Summary
This resource kit assembles content to assist qualified retirement plan sponsors and administrators in fulfilling their responsibilities as fiduciaries concerning plan cybersecurity issues. Qualified retirement plans can be especially susceptible to cybertheft of plan assets and fraudulent distributions because these plans hold significant assets. In addition, because these plans must store sensitive participant information (for example, individuals' social security numbers, bank account information, and dates of birth) with third-party recordkeepers, these recordkeepers are prime targets for cybercriminals—leaving participants and beneficiaries at risk for identity theft as well.