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SPARK Institute Cyber Security Standards

The Society of Professional Asset Managers and Recordkeepers Institute (SPARK) is developing standards to protect retirement plan accounts from fraud given the heightened incidence of cybersecurity attacks and the ongoing threats on that front. The standards build upon the DOL’s recent cybersecurity guidance and highlight a minimum set of controls for all parties – plan sponsors, fiduciaries, recordkeepers, and participants – to consider as well as to set expectations.; July 21, 2021.