Cybersecurity Support Program Services
July 17, 2025 by Brandon Agostinelli, FoxPointe Solutions, and Hans Kraabel, UAS
United Actuarial Services, Inc. (UAS), in partnership with FoxPointe Solutions, has developed the Cybersecurity Support Program designed to help ERISA benefit plan sponsors address the DOL’s recommended cybersecurity best practices across their identified plan service providers that come in contact with plan or participant data or dollars. One of the best ways to assess compliance with any information security standard, guideline or law is to have an expert and independent analysis to measure how currently implemented practices align with the recommended standards. Whether you are assessing the compliance levels of your information security practices or those of your third-party plan service providers, expertise, quality, efficiency, and cost are of the utmost importance and value.
Why Third-Party Breach Risks Are Rising & What ERISA Plans Must Do
With the consistent increase in the frequency of breaches involving third-party vendors across all industries, not just benefits plan service providers, the importance of measuring risk in our third-party relationships is becoming increasingly crucial to maintain a well-operating information security risk management program. The 2025 Verizon Data Breach Investigations Report (DBIR) revealed a significant increase in third-party involvement in data breaches, doubling from 15% to 30% in one year.
Automating Vendor Cybersecurity Compliance for ERISA Plans
FoxPointe and UAS have identified a clear need for a more efficient and standardized process for assessing third-party compliance with the DOL’s cybersecurity recommendations. This service streamlines your annual vendor cybersecurity compliance tracking, while providing you with the assurance that a team of industry experts is securing the necessary assurances to maintain your ongoing service provider relationships. If you are an ERISA-covered benefit plan seeking a genuine path forward in this space, please do not hesitate to reach out for a deeper conversation about this new and emerging service, which addresses an area of seemingly ever-increasing information security risk.
Benefits of the Cybersecurity Support Program Offered by FoxPointe and UAS
- Efficient – leverages a user-friendly online survey portal issued to each identified ERISA plan service provider.
- Effective – provides expert analysis of each vendor’s survey responses for demonstration of good faith compliance with the DOL’s recommended cybersecurity best practices.
- Actionable – includes a presentation of the executive summary report, including review of noteworthy flagged issues that may merit further consideration or remediation.
- Affordable – the program is priced extremely competitively and allows related plans (e.g., Pension, 401k, Annuity, Group Health Plan, HRA, FSA 125, etc.) of a common plan sponsor the ability to pool program costs across its underlying plans.
Please contact us here to get a direct proposal or learn more about our Cybersecurity Support Program.
This material has been prepared for general, informational purposes only and is not intended to provide, and should not be relied on for tax, legal or accounting advice.