Would Your Insurance Company Pass A Cybersecurity Compliance Audit Today?

The National Insurance Commission can fine you up to $10,000 per violation, not to mention the damage a non-compliance issue could bring to your business. Let’s make sure that never happens. 

We Offer The Following Cybersecurity Compliance For Insurance Companies: ​​

In today’s challenging regulatory environment, staying compliant is crucial for businesses. Triad Cyber Solutions makes it effortless. From understanding your business type to ensuring complete regulatory compliance, we help you avoid penalties and protect your business.

HIPAA Compliance​

If your insurance business handles protected health data, we ensure full HIPAA adherence with: 

  • Administrative, physical, and technical safeguards
  • Breach notification readiness and documentation
  • Employee awareness training for proper PHI handling

If your organization is a covered entity such as a healthcare provider, health plan, or clearinghouse or if you handle patient data in any capacity, HIPAA compliance is mandatory. 

Whether you’re accessing health information for treatment, processing payments, or acting as a business associate, compliance is critical to avoid penalties and protect sensitive data. 

HIPAA violations can be costly, with fines starting at $50,000 per breach, even when unintentional. 

Triad Cyber Solutions ensures your organization meets every HIPAA requirement, minimizing legal risk and safeguarding patient data at every level. 

GLBA & FTC Safeguards Rule Compliance

Ensure full compliance with federal regulations that govern the protection of financial information: 

  • A fully developed Written Information Security Program (WISP)
  • Regular risk assessments
  • Access controls, encryption, and secure data management
  • Structured incident response and recovery planning

The Gramm-Leach-Bliley Act (GLBA), along with the FTC Safeguards Rule, requires financial institutions to protect customer information through a formal, documented security program. 

This includes: 

  • Developing and maintaining a Written Information Security Program (WISP) 
  • Implementing secure data handling and information-sharing practices 
  • Providing privacy notices to consumers 
  • Conducting regular risk assessments and monitoring third-party service providers 

Non-compliance can result in fines of up to $100,000 per violation. 

At Triad Cyber Solutions, we help your organization meet GLBA and FTC requirements with tailored security frameworks, actionable remediation, and ongoing compliance support that evolves with the law. 

NAIC Data Security Model Law Compliance

We align your operations with NAIC’s adopted cybersecurity framework, including:

  • Creation and maintenance of a robust information security program

  • Oversight of third-party vendors and their data practices

  • Timely Detection and Containment of Security Incidents

The NAIC Data Security Model Law requires insurance companies and licensed entities to build and maintain a formal information security program, covering risk assessments, incident detection, and breach reporting to state regulators. 

At Triad Cyber Solutions, we help you implement the right security controls, respond to incidents, and stay fully compliant. Our team guides you through every step of meeting NAIC standards with tailored, regulator-ready solutions. 

We also support state-specific mandates, including: 

  • CCPA – Ensuring transparent data practices and consumer rights compliance in California 
  • NYDFS (23 NYCRR Part 500) – Helping New York-licensed insurers meet cybersecurity program, CISO, and risk assessment requirements 

Stay compliant, reduce risk, and protect customer trust, all in one place. 

We help you stay ahead of varying state mandates by implementing controls for:

CCPA Compliance (California Consumer Privacy Act)

  • Transparent data practices and privacy controls
  • Management of consumer access, deletion, and opt-out requests

If your business serves California residents, compliance with the California Consumer Privacy Act (CCPA) is essential. This law empowers individuals with greater control over their personal data, including rights to access, delete, or opt out of data sharing and selling.

To comply, you must:

Inform customers about the data you collect and its purpose, provide options for accessing, deleting, or opting out of data processing, secure personal data to prevent breaches or unauthorized access, etc. 

Non-compliance can result in fines from $2,500 to $7,500 per violation, along with potential lawsuits from affected individuals. 

We help businesses simplify the complexities of CCPA compliance so they can focus on running their business with confidence.

NYDFS Cybersecurity Regulation (23 NYCRR Part 500

  • Cybersecurity program development and documentation
  • CISO assignment and governance
  • Regular risk assessments and audit readiness

The New York Department of Financial Services (NYDFS) Cybersecurity Regulation (23 NYCRR 500) requires insurance companies and financial institutions to implement strict measures to safeguard sensitive data. This includes tailored cybersecurity programs, regular risk assessments, third-party risk management, and incident response plans, alongside annual compliance certifications. Non-compliance can result in fines ranging from $1.5 million to $3 million, even for very minor violations.

At Triad Cyber Solutions, we streamline the path to NYDFS compliance by handling everything from risk assessments to program development and third-party oversight, ensuring your business is protected and compliant year-round.

ISO 27000

All Insurance companies handle sensitive data, so achieving ISO 27000 compliance is essential for maintaining trust and safeguarding against cyber threats. The ISO 27000 family of standards establishes a robust framework for managing information security, ensuring that your organization effectively protects policyholder data, meets regulatory requirements, and mitigates risks. 

At Triad Cyber Solutions, we provide end-to-end ISO 27000 compliance services tailored for insurance companies. From conducting risk assessments to implementing a comprehensive Information Security Management System (ISMS), we help you align with industry best practices and maintain continuous compliance. 

Why Does Cybersecurity Compliance Matter For Insurance Companies?

Secure Sensitive Data

Compliance helps you protect what matters most: your business and customer data.  

Regulatory Fines & Legal Consequences

Non-compliance with regulations like NAIC, GLBA, and NYDFS can lead to heavy fines, lawsuits, and even loss of operating licenses. 

Financial & Data Breach Costs

Cyberattacks cost the insurance industry millions annually in ransom payments, recovery expenses, and fraud losses. Compliance helps prevent costly breaches. 

Trust & Reputation

Customers expect their insurers to protect their personal information. A security incident due to non-compliance can erode trust and drive them to competitors. 

Ensure Business Continuity & Resilience

A cyberattack can shut down operations, disrupt claims processing, and delay policy approvals. Compliance frameworks require businesses to have disaster recovery plans and incident response strategies, keeping your business running even in the face of an attack. 

How Do We Achieve Compliance?

Cyber Security Compliance for CPAs landing image initial assesment

Initial Assessment

  • Conduct a detailed assessment of your current compliance status.
  • Identify potential gaps and vulnerabilities in your systems and processes.
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Custom Compliance Plan

  • Develop a tailored compliance plan that addresses your specific needs.
  • Outline the necessary steps and timelines to achieve full compliance
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Policy and Procedure Development

  • Create and implement comprehensive policies and procedures that adhere to regulatory requirements.
  • Ensure that all staff members are aware of and understand these policies.
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Training and Awareness

  • Provide regular training sessions for your staff on compliance best practices.
  • Foster a culture of compliance within your organization.

Continuous Monitoring & Auditing

  • Establish continuous monitoring to identify and resolve compliance issues promptly.

  • Conduct regular audits to ensure regulatory compliance.

Incident Response & Management

  • Develop and implement an incident response plan for quick recovery in the event of a data breach. 
  • Manage and mitigate incidents to protect your organization.

Frequently Asked Questions (FAQs)

Please go through our FAQ to know more about our services and how we ensure the highest standards of security and compliance.

General Questions

Yes. If you handle sensitive customer data, regulations apply regardless of company size. Smaller agencies are often targeted because they have fewer security resources. Compliance ensures your business remains operational and protected against cyber threats. 

The first step is conducting a compliance and cybersecurity risk assessment to identify gaps in your current security posture. From there, implementing policies, employee training, and the right security tools can help meet regulatory requirements. This can be achieved by partnering with trusted compliance managers like Triad Cyber Solutions.  

NAIC’s Model Law requires insurers to develop and maintain an information security program, conduct regular risk assessments, and notify regulators of breaches within 72 hours. If your company operates in a state that has adopted this law, compliance is mandatory to avoid fines and potential legal action. 

Regulators typically require documentation of your security policies, risk assessments, employee training records, incident response plans, and proof of ongoing monitoring. Regularly updating these reports and having a Compliance Advisor makes audits smoother and avoids penalties. 

We start with a brief and free session to assess where your company stands in terms of compliance and cybersecurity risks. From there, we walk you through each step of the process, ensuring full compliance without the hassle. Our goal is to make cybersecurity compliance simple and seamless for insurance companies like yours.