Insurance Industry Compliance with CIS

Similar to the banking industry, the insurance industry also deals with the sensitive financial data of its customers. This gives rise to having an excellent internal cybersecurity framework for insurance companies of all sizes. CIS is a widely used cybersecurity framework in financial institutes for providing security to their internal data and information.
CIS framework checklist

Why CIS compliance is important for Insurance Industry

  • Create a sustainable cybersecurity culture.
  • Prevent data breach and vulnerability issues.
  • Increases customer reliance on the security of the organization.
  • Provide global competence to the organization.

CIS penalties that Insurance companies must avoid

  • Monetary fines.
  • Legal proceedings.
  • Loss of reputation.
  • Temporary or permanent business closure.

How this compliance template can help with CIS compliance

This CIS framework has been designed specifically for Insurance industry that are dedicated to providing the utmost cybersecurity to their internal data and provide security to customer data and information. The framework lists all the specific compliance requirements and tasks an insurance company must comply with to maintain its CIS compliance status.

The framework helps insurance companies track their cybersecurity compliance activities and maintain a consolidated repository to track the progress.

How VComply can help in CIS compliance

  • Set compliance programs across all departments and locations.
  • Create the CIS specific compliance framework and manage compliance workflow.
  • Automate compliance task assignment and management across the compliance team.
  • Central repository for all your CIS compliance documents.
  • Automate CIS audits and manage the recurring audit process.

Download the CIS compliance template for Insurance Industry

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