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Compliant at last.

Compliance is hard. Anyone that says it's easy hasn't actually done it. But compliance is achievable - and our team can help you get there.

Beyond Compliance.

More than being compliant, we can help you implement industry and government best practices to protect your organization from common cyber threats. We support HIPAA and CMMC compliance as well as HICP, CPG, CSF, and CIS standards.

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Two Facts and a Myth

-Breaches get posted on the HIPAA 'wall of shame' on HHS' website.

-HIPAA fines can follow practice owners even after the practice closes.

-The Security Risk Analysis only has to be completed once.

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Can you spot the myth? Check your answers on our HIPAA Resources page

HIPAA Compliance

The costs are too high to fail.

A data breach could very well mean the end of a practice - and the fines don't stop when a practice closes either! Protecting patient data must be a top priority for healthcare practices.

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Doing HIPAA alone is akin to letting a patient diagnose and treat themselves! The law requires an accurate and thorough technical and nontechnical assessment. A professional can go 'under the skin' of your network to help you navigate these complexities.

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We can help you meet HIPAA requirements with:

  • Security Risk Analysis

  • Employee Training Sessions

  • Disaster Operations Plans

  • Backup and Recovery Plans

  • Documented and Distributed Policies and Procedures

  • Evidence of Enforcement and Sanctions

  • and much more!

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Did you know?

HIPAA requires certain breaches to be reported to major media outlets in your area?

How embarrassing!

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Learn more on our HIPAA Resources page.

Cyber Insurance

Harder to get. More expensive. 

Incident response can run in the tens or hundreds of thousands of dollars. And with so many businesses experiencing breaches, cyber insurance is getting more expensive and requires more controls. What's more, failing to meet these requirements could mean that a policy doesn't pay out when you need it most. We can help you identify and comply with your policy's requirements. 

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  • Ongoing Internal and External Network Evaluation

  • Auditing and Validation of Controls

  • Documentation of Policy Compliance

  • Cybersecurity Training with Live Hacking Demonstrations

  • Mock Breach Incident Exercises

  • Collaboration with IT Services Team

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Playing Hard to Get.

Having your cyber claim denied is the wrong time to find out you didn't meet your insurers requirements. Cyber insurance is getting harder to get and premiums are going way up! Insurers are requiring more controls than ever.

We can help you navigate these requirements to get and stay covered.

CMMC Compliance

Cybersecurity for Defense Contractors

To safeguard sensitive national security information, the Department of Defense (DoD) launched CMMC 2.0, a comprehensive framework to protect the defense industrial base’s (DIB) sensitive unclassified information from frequent and increasingly complex cyberattacks.

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Contractors will have to meet the appropriate CMMC level in order to continue to be eligible for DoD contracts.

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Our team can help you implement cybersecurity controls to meet the requirements of CMMC.

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CMMC Simplification

To streamline the CMMC requirements, the DoD has announced CMMC 2.0 which reduces the levels of compliance from five to only three.

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Contact us to learn more about the three CMMC 2.0 levels and their requirements.

Be Safe.

Small and Medium Businesses are prime targets for hackers and scammers. The most common typed of threats (Email Compromise and Ransomware) are also the most common. We can help you reduce your risk with a full-featured cybersecurity program. 

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Breach Statistics

  • 66% of SMBs report having had a breach in the last year2

    • 83% of those report that it isn’t their first breach1

  • Typical cost of a breach is $4.35MM1 ($1.24MM for SMBs4).

  • Ransomware attacks are up 350% vs two years ago4

    • ​Ransomware increased more in 2021 than the previous 5 years combined3

  • Average ransomware payment in US: $812,360 (46% of victims pay ransoms)2

  • 52% of successful breaches were against SMBs4

  • 60% of SMBs fail within 6 months of a breach4

  • Attackers spend an average of 277 days in a network before being discovered1

    • Breaches take 75 days to fully contain, on average1

  • Use of AI-Based Security reduced breach cost by 65.2%, and time by 74 days, on average1

  • Having a designated Incident Response team AND regularly-tested plan reduced breach costs by 58%1

  • Quadruple-Extortion is the new standard for ransomware attacks4

    • Threat actors encrypt systems, launch DoS attacks, leak /sell data, and harass employees and customers


Mitigating Steps

  • Implement industry standard security controls using a framework like NIST CSF, CISA’s CPGs, etc.

    • Pay particular attention to cloud services in your infrastructure.

  • Use continuous security monitoring tools such as AI-Driven XDR/MDR, as this shortens detection time and remediation cost the most (65.2% lower breach cost and 74-day shorter breach lifecycle).2

  • Have strong cyber insurance and be sure it covers incident response, ransom payments, and acts of war.

  • Maintain “3-2-1” Backups of all critical data, including mailboxes and shared file repositories.

  • Implement proper network segmentation and firewalling.

  • Have and test an incident response team and incident response plan – this reduces overall breach costs by 58%.


What Should it Cost?

  • Across all industries, average IT spending is as follows5:

    •  < $5MM Annual Revenue: 6.9-10% of revenue

    •  $5 – 20MM Annual Revenue: 4.1-8% of revenue

    •  > $20MM Annual Revenue: 3.2-6% of revenue

  • If your organization is falling below the average, you may be underspending on IT and exposing your organization to higher risk, technical debt, and wasted labor due to degraded productivity.

 

 

1 Cost of a Data Breach Report 2022, IBM, 2022
2 The State of Ransomware 2022, Sophos, 2022

3 Data Breach Investigation Report 2022, Verizon, 2022
4 Cyber Security Statistics, PurpleSec, 2022

5 Average IT Budget by Company Size, Boardish, 2021

Questions? Need help? Call 833-401-2220 or email Howdy [at] LaramieTechnology.com

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