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

Safeguard patient data and avoid fines with expert guidance.

SOC 2 Compliance

Build trust by meeting industry standards for data protection.

CCPA Compliance

Simplify compliance with California’s data privacy laws.

NYDFS Compliance

Streamline compliance for financial institutions with risk management and reporting.

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.
Cyber Security Compliance for CPAs landing image custom plan

Custom Compliance Plan

  • Develop a tailored compliance plan that addresses your specific needs.
  • Outline the necessary steps and timelines to achieve full compliance
Cyber Security Compliance for CPAs landing image policy

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.
Cyber Security Compliance for CPAs landing image training

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 compliance breach resolution.

  • 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.