Don’t Forget About ERISA in Your Health Plan’s Cybersecurity Efforts: Important Reminders for Plan Fiduciaries in the Wake of Healthcare Cyberattack | Fisher Phillips

A recent cyber attack on Change Healthcare revealed the extent of cyber threats to healthcare providers, while also highlighting the importance of cybersecurity in healthcare. The attack had a widespread impact and the parent company, UnitedHealth Group, paid substantial amounts in response to the breach. The incident underscores the significance of compliance with both HIPAA and ERISA, with ERISA fiduciaries needing to take precautions to mitigate cybersecurity risks. Working with legal counsel can ensure plans are effective and compliant with regulations.