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Compliance as a Service

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If you are not compliant with Cyber Security Standards there will be issues for your business.

 

Not only do you need to worry about attacks, but you need to be compliant with certain standards so your customers know their information is safeguarded. Some examples:

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  • Healthcare Practices who accept Medicare must complete a Security Risk Assessment Annually or risk losing a percentage of your Medicare reimbursements.

  • Anyone who has electronic Patient Information (ePHI) must complete with HIPAA face fines up to $1,500,000 (per category) and 5 years in jail for the worst offenses.

  • Loss of a customer contracts if found in violation of NIST 800-53.

  • Loss of federal funding if found in violation of NIST 800-171a/CMMC.

  • Average cost of a Breach Notification in 2017 was $3.62 million.

  • As of 2017 – 60% of firms with a major breach go out of business within 6 months.

In addition to helping you assess, identify gaps, and remediate our Compliance as a Service solution includes a documentation management system so you can collect all the evidence you need to prove you are in compliance.

 

BCSS can help you identify and audit against the correct security framework based on your organization’s unique needs. Email us at info@businesscybersecuritysolutions.com or call us at 847-430-4900 to learn more.

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