DOl Cybersecurity Audit

Independent support selecting a cybersecurity audit firm aligned with DOL guidance.


Independent help selecting a cybersecurity audit firm aligned with U.S. Department of Labor guidance for employee benefit plan service providers.

Many organizations don’t have the internal resources to evaluate cybersecurity firms objectively—especially when the work sits at the intersection of ERISA responsibilities, vendor oversight, and technical cybersecurity requirements.

Culpepper RFP helps you run a structured evaluation process so you can select the right firm with clear documentation.Culpepper RFP, LLC assists you in evaluating cybersecurity consultants to complete an audit as outlined by the DOL guidelines.

What we do

Culpepper RFP assists plan sponsors in evaluating cybersecurity consultants to complete an audit aligned with DOL guidance. We bring experience across DOL expectations, ERISA context, and cybersecurity considerations so you can compare firms consistently and make a well-supported decision

Why this evaluation can feel difficult

Cybersecurity audits are technical, and the stakes feel high. It’s not always obvious what questions to ask, how to compare proposals, or how to document the rationale in a way that will make sense later to a committee, counsel, or leadership.

The DOL best practices

The DOL’s best practices cover areas that sponsors and service providers are expected to take seriously, including:

  1. A formal, well-documented cybersecurity program

  2. Prudent risk assessments

  3. A reliable annual third-party audit of security controls

  4. Clear security roles and responsibilities

  5. Strong access control procedures

  6. Appropriate security reviews for cloud or third-party managed data and systems

  7. Periodic cybersecurity awareness training

  8. A secure system development life cycle (SDLC) program

  9. Business resiliency planning (business continuity, disaster recovery, incident response)

  10. Encryption of sensitive data, stored and in transit

  11. Strong technical controls aligned with best practices

  12. Appropriate response to past cybersecurity incid


Learn more about the DOL and your Cybersecurity compliance

DOL guidance documents

 

Learn more / Schedule a Call

Learn more about the DOL and cybersecurity compliance expectations—and how Culpepper RFP can support your evaluation process.

Frequently Asked Questions

  • If you’re the person carrying the responsibility for benefits decisions inside the organization, this will feel familiar. Culpepper RFP supports HR and finance leaders, ERISA counsel, and committees—because the pressure and the risk often land on your desk either way.

  • Culpepper RFP focuses on managing the RFP process itself, so you’re not piecing together vendor comparisons, chasing information, and trying to document everything in between your day-to-day responsibilities. You’re still involved in direction and fiduciary decisions, but the heavy lift of gathering, organizing, and evaluating is handled through our documented process.

  • Our services are designed to reduce the time executives and internal teams spend managing details. Expect some upfront coordination and a few check-ins along the way, but the goal is that you’re not carrying weeks of follow-up, tracking, and evaluation work on top of everything else.

  • That’s a real concern.Our services are positioned as an independent third-party evaluation process, which can lower the temperature and keep the focus on documented criteria instead of internal pressure or preference. It won’t erase politics, but it can give you a clear, neutral structure to point back to.

  • No. Our independent evaluation processes support people who are accountable for the outcome, even if the technical details aren’t your daily focus. We can help you evaluate whether going to an RFP is even necessary, which is often what you want when you’re trying to make a smart decision without creating extra work.

  • If you’re thinking, “I’m not sure what level of process we actually need,” you’re not alone. Before you sign up with us we will review your objectives and discuss the most cost and time effective solution.  Our services include fee and service benchmarking, RFI evaluation, and full RFP evaluations—so the approach can match the situation instead of defaulting to the most intensive option.

“The committee was extremely pleased with the process, results and education supplied to it. I highly recommend the Culpepper Group to other organizations for similar assignments.”

— ERISA attorney