Meeting the documented security requirements that cyber insurance carriers mandate as a condition of coverage and claims payment.
Cyber insurance compliance refers to meeting the security documentation and control requirements that insurance carriers specify as conditions for coverage eligibility and claims payment. Carriers increasingly require applicants to demonstrate specific controls including multi-factor authentication, endpoint detection, written incident response plans, employee security training, and documented security policies (WISPs). Claims can be denied if the firm's actual security posture does not match what was represented on the insurance application.
The AICPA has noted that a significant number of CPA firms still lack a WISP despite attesting to having one during PTIN renewal. If your cyber insurance application says you have documented security controls but you cannot produce them during a claim, your carrier can deny coverage. With average breach costs for small businesses exceeding $100,000, a denied claim can be devastating. Maintaining documented compliance evidence is not just regulatory: it is financial self-protection.
The Evidence Testing & AI Evaluation module handles this for your firm, personalized to your software, team size, and state requirements.
See Plans & PricingA documented set of policies and procedures describing how your firm protects sensitive client data.
A documented set of procedures your firm follows when a data breach or security incident occurs.
A structured list of all security controls your firm should have in place, mapped to regulatory requirements, with testing status and evidence.
A federal regulation requiring financial institutions, including tax preparers, to develop and maintain a comprehensive information security program.
Plans starting at $99/mo · Billed annually
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