Compliance - neuwest.net

Compliance | Cyber Risk

Managed Compliance for Your Data Security Obligations

At Neuwest, our Compliance-as-a-Service (CaaS) solution helps your business achieve and maintain data security compliance systematically and in partnership. We cover everything from initial assessments and identifying vulnerabilities to continuous monitoring and documentation. Our comprehensive approach simplifies adherence to complex regulatory standards, providing the tools and support you need to navigate data protection laws. With Neuwest, you can efficiently meet your compliance obligations and focus on running your business without regulatory stress.

Simplify Compliance and Stay Ahead of Regulatory Challenges with Neuwest

With the growing complexity and strict enforcement of data protection and privacy regulations worldwide, compliance can no longer take a backseat. Achieving compliance means not only fulfilling all obligations under applicable regulatory standards but also being able to provide documented proof to pass any regulatory audits.

At Neuwest, we offer a comprehensive solution that streamlines the necessary compliance processes, making it easier for you to adhere to regulatory requirements. Our services are tailored to ensure you remain compliant while allowing you to focus on running your business efficiently.

Our managed compliance solution empowers your business to meet and maintain its data security requirements, streamline ongoing compliance processes, and stay abreast of complex and evolving data protection laws and regulations.

Why Partner with Neuwest

Neuwest Can Help You:

Identify Security Vulnerabilities: Through automated assessments of your internal and public environments, we help you pinpoint and address potential security risks before they become issues.
Demonstrate Due Diligence: With on-demand reporting and activity logs, we assist you in showcasing your compliance efforts mandated by various industry and global standards.
Streamline Compliance Documentation: Our portal provides all the documentation and records you need to complete and pass compliance audits swiftly and efficiently.
Maintain a Compliance Environment: We support you with ongoing security and risk management tools and strategies, ensuring that compliance is seamlessly integrated into your regular operations.

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Health Insurance Portability and Accountability Act

Concerns Associated With HIPAA Compliance:

The Health Insurance Portability and Accountability Act (HIPAA) is a compliance standard designed to protect sensitive patient data. Any organization that handles protected health information (PHI) must implement and follow stringent process, network, and physical security measures to be HIPAA-compliant.

HIPAA violations attract hefty penalties.
Adequate training for handling PHI and dealing with malicious security attacks is critical.
It is imperative to have a Security Incident Response Plan (SIRP) in place to handle security events.
Professional assistance is required to navigate the complexity of audits and maintain proper documentation.

Cyber Insurance

Concerns Associated With Cyber Insurance Compliance:

Cyber Insurance is designed to protect businesses against potential damages associated with cybercrimes such as ransomware and malware attacks. It is a customizable solution to mitigate specific risks associated with cybersecurity breaches and prevent unauthorized access to sensitive data and networks.

Cyber Insurance coverage can be unclear and confusing. It’s essential to understand what is covered and what is not to choose the right coverage.
Policies are complex and have constraints and limitations that can be difficult to interpret. Adhering to and fulfilling all policy requirements is vital to ensure claims are not denied.
Many insurers are requiring policy holders to have 3rd party audits to ensure compliance.

NIST CSF

Concerns Associated With NIST Compliance:

The National Institute of Standards and Technology (NIST) developed the Cybersecurity Framework (CSF) to streamline cybersecurity for private sector businesses. NIST CSF is a set of voluntary standards, recommendations, and best practices designed to help organizations prevent, identify, detect, respond to, and recover from cyberattacks.

Most businesses lack in-house expertise to safely adhere to NIST CSF requirements.
Businesses need to understand their unique cybersecurity risks and vulnerabilities to design, implement, and manage their security programs and best practices effectively.

CMMC

Concerns Associated With CMMC Compliance:

The Cybersecurity Maturity Model Certification (CMMC) is a unified standard implemented by the U.S. Department of Defense (DoD) to regulate the cybersecurity measures of contractors working for the U.S. military. The CMMC addresses significant compromises of sensitive defense information on contractors’ information systems. Contractors in the defense industrial base (DIB) must implement and maintain strict cybersecurity guidelines demonstrating adequate cyber hygiene, adaptability against malicious cyber threats, and proper data protection strategies.

All businesses working for the DoD along any point of the supply chain are required to comply.
Minimum certification requirements demonstrating alignment with NIST SP 800-171 standards went into effect on November 30th, 2020.
Each certification tier is a prerequisite for the next tier.
CMMC compliance will be required by all DoD contractors by 2026.
Failure to comply with the required Systems Security Plan (SSP) and Plan of Action and Milestones (POA&M) could result in contract performance issues and/or breach of contract.

PCI

At Neuwest, we specialize in helping businesses navigate complex compliance requirements. Our comprehensive Compliance-as-a-Service (CaaS) solutions ensure that your business remains compliant with PCI standards and other critical regulations. By partnering with us, you can safeguard your business against cyber threats, secure your customer data, and maintain your reputation.

How Neuwest Can Help

At Neuwest, we understand the intricacies of these compliance standards and offer tailored solutions to help your business navigate and meet these requirements seamlessly. Our Compliance-as-a-Service (CaaS) solution is designed to support your business in achieving, maintaining, and demonstrating compliance across various regulatory frameworks, including HIPAA, GDPR, Cyber Insurance, NIST CSF, and CMMC.

With our expertise, you can streamline your compliance processes, mitigate risks, and focus on your core business operations without worrying about regulatory challenges. Let Neuwest be your trusted partner in managing compliance and securing your data.