Newsletter | March 24, 2021

03.24.21 -- 5 Software Features For Compliance That MSPs Need

 
Say No To HIPAA Compliance Shortcuts: 5 Software Features That MSPs Need
 

With the continuing evolution of digital health systems, HIPAA compliance has never been more crucial — or complicated. In response, many covered entities and business associates have turned to MSPs with specialized software to help them manage and preserve their compliance status.  Here are the key features MSPs should look for in a compliance solution. 

Privacy And Data Protection Laws Show Need For Compliance-as-a-Service
 

Cybersecurity and data protection laws are meant to safeguard consumer and employee data from unauthorized and unlawful access, such as what could happen in the event of a cyber breach. The directives require organizations to establish a minimum level of network and data protection protocols to avoid penalties. MSPs can leverage privacy and data protection laws to persuade clients about the importance of Compliance-as-a-Service.

Implement NIST CSF For HIPAA Safe Harbor
 

A new federal law plans to reward HIPAA covered entities and business associates for implementing the National Institute of Standards and Technology (NIST) Cybersecurity Framework (CSF). The NIST CSF is like a Swiss Army Knife for cybersecurity and compliance. MSPs can use this standard to establish comprehensive cybersecurity for their clients, and also provide regulators with documented policies, procedures, and evidence of compliance that will pass stringent audits. 

Why NIST CSF Is So Valuable For MSPs
 

The NIST Cybersecurity Framework (NIST CSF) is packed with value for MSPs looking for guidance on setting up security best practices for a wide range of client types. The framework is scalable, attainable, flexible, and includes common-sense recommendations and industry best practices. The NIST CSF guides MSPs through security processes but lets them tailor the details to fit the unique needs of their various clients.

Consistent HIPAA Compliance Requires Ongoing Assessments
 

If you are an MSP with clients in the healthcare sector — including medical and dental practices, pharmacies, and HMOs, to name a few — ask them when they performed their last HIPAA risk assessment. It's a requirement to perform on an ongoing basis, and a surprise audit could reveal compliance offenses that may result in significant fines. Learn how to monetize this client need and how to use it for prospecting.