Businesses in the Baltimore, MD and Washington DC areas that have FTC Safegaurds, CMMC, NIST 800-171, PCI 4, HIPAA compliance requirements, trust Advantage Industries to meet and maintain their compliance posture.
After researching, you discovered audits start at $10,000.00, the auditor’s documentation is time-sensitive, the process is yearly, and you’re left to fix the problems. Need a better solution? Before you move forward, contact Advantage Industries. You may be eligible for our no-cost, no-obligation audit.
Cyber Insurance – Over the last 3 years Insurance companies that offer Cyber Insurance have taken a beating. This has resulted in them starting to write very specific cyber security requirements into their policies. In 2022, almost 1/3 of all cybersecurity claims were denied due to a failure to comply with these requirements.
FTC Safeguards Rule – The Federal Trade Commission’s Standards for Safeguarding Customer Information became law in June 2023. It mandates that companies that are “financial in nature” or are “incidental to such financial activities”, must comply with the Rule’s very specific requirements. More importantly, it defines finacial companies much more broadly than what most people are used to. Examples include Accountants and any business that creates leasing agreements for finance companies.
Keith Heilveil
Sr. Director of Sales, PMP