What is cybersecurity compliance and why does it matter for your company’s success?
“Compliance” is adhering to standards or regulatory requirements set by an agency, law, or authority group. Organizations must know where they stand in protecting data and information they are entrusted with by their customers.
Non-compliant companies can face stiff fines and penalties if they suffer a data breach. Unfortunately, many small and mid-sized businesses lack the resources to ensure compliance and defend against cyberattacks. They’re easy targets for hackers who install ransomware and steal data to sell on the dark web. And when it comes to fines and penalties, cyber insurance likely won’t pay your costs unless you’re 100% compliant.
As your communications and IT partner, TeleComp can manage your communications, cybersecurity and compliance needs.
A quick and free, 15-minute meeting about Compliance is just one click away!
Cybersecurity Compliance Regulations
Cyber Liability Insurance
This includes having cyber liability insurance and having a trusted MSP that will ensure you are compliant with regulations set forth by your insurance provider. Like most insurance, you have it hoping you never have to use it. Making sure you meet all the requirements can be the difference between successfully recovering from a cyber event or going out of business.
ALL industries should have cyber liability insurance!
The Health Insurance Portability and Accountability Act consists of 3 main rules: Security, Privacy and Breach Notification – these standards are set to protect sensitive patient health information.
Industries affected by this regulation: Hospitals, medical practices, pharmacies, nursing homes and non-medical businesses that have access to protected health information.
that have access to protected health information.
Standards to be put in place to make sure businesses are adhering to compliance within their organization. Major fines occur if your company is caught in non-compliance!
Industries affected by this regulation: Auto dealers, tax preparation firms, mortgage brokers, wire transferors, travel agencies that finance, mortgage lenders, finance companies, check cashers, collect agencies, investment advisors, non-federally insured credit unions, and post-secondary institutions that receive Title IV funding.
CPAs & Tax Prep Firms
Mortgage Brokers & Lenders
Finance Companies & Investment Advisors
Check Cashers, Wire Transferors & Collection Agencies
Post-Secondary Institutions Receiving Title IV Funding
The Payment Card Industry Data Security Standard is a set of security standards formed by major credit card companies (VISA, Mastercard, Discover Financial Services, JCB International and American Express) to ensure that ALL companies that accept, process, store or transmit credit card information maintain a secure environment.
Individual payment brands and acquirers are responsible for enforcing compliance, not the PCI council.
Industries affected by this regulation:
ANY and ALL companies that accept, process, store or transmit credit card information.
NIST 800-171/CMMC 2.0
These are standards outline practices non-federal organizations must use to protect controlled unclassified information (CUI). CUI is sensitive but unregulated information from the US Federal government and applies to non-federal agencies. NIST 800-171 is required for all non-federal agencies that process, store, or transmit CUI. Businesses that work with federal agencies should work to meet these standards. The Department of Education also encourages post-secondary institutions to incorporate the NIST 800-171 information security controls as soon as possible.
Industries affected by this regulation:
All non-federal agencies that process, store, or transmit CUI
TeleComp offers everything you need to add essential security layers to your organization’s cybersecurity tools, including the identification of blind spots inside and outside of your network as well as testing existing security controls against potential cyber-attacks.
Compliance as a Service provides toolsets and guidance to help organizations meet the requirements of Cybersecurity standards. If your organization is facing challenges performing Risk Assessments, procedures, and tracking your progress, this solution could be your answer.
TeleComp’s vCSO Service manages a multi-faceted security strategy and governance program to help protect your organization’s sensitive data and capabilities. The vCSO brings together IT, Security, and Compliance to educate leadership on risk, threats, and business impact.
How can TeleComp ensure your cybersecurity compliance? Let’s chat about it.
For a free consultation and evaluation, simply introduce yourself via the form. A member of our team will reach out shortly to setup an introductory call.
PLUS: You will receive a FREE DARK WEB SCAN simply for introducing yourself! Your customized “Dark Web Status Report” will outline anything related to you and your organization from the Dark Web.
SPAM NOTICE: We value your privacy and will never share or sell your contact information.