Compliance as a Service

If your clients are not compliant with cybersecurity standards, their business is at risk. MSPs that can deliver compliance services not only protect their clients, they also gain credibility and win bigger accounts.

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Your clients face growing requirements from regulators, insurers, and contracts. Some examples include:
 

• Healthcare practices that accept Medicare must complete a Security Risk Assessment annually or risk losing reimbursements.

• Any organization that stores electronic patient information (ePHI) must comply with HIPAA or face fines up to $1.5 million per category.

• Government contractors risk losing contracts if found in violation of NIST 800-53.

• Federal funding can be lost if an organization fails NIST 800-171a or CMMC requirements.

• The average cost of a breach notification in the United States exceeds $3.6 million.

• More than half of firms with a major breach close their doors within six months.