case study
Security Training: Best Practices Beyond Compliance
Regulatory frameworks, including the General Data Protection Regulation (GDPR) and California Consumer Privacy Act (CCPA), require organizations to adhere to high standards of data and privacy. Many companies need guidance on how to comply, and insurance protection in the event that an incident puts them afoul of regulation. That’s why Coalition’s policyholders can access our free policies include Employee Security Training.
Industry
Healthcare
Company
Employees: 1 - 25
Provides dental care for patients across two offices
Highly regulated industry
Case Study
Under the heavy burden of increasing regulation, and following a less than stellar claims experience with a traditional insurer after a previous data breach, a Michigan-based healthcare organization turned to Coalition for both superior coverage, and help with regulatory compliance both nationally and on a global scale. The organization was looking for an insurance policy that:
Provided broad coverage for privacy regulations including local, state, federal, and foreign laws such as GDPR
Included coverage for voluntary notification (which wasn’t covered in their last policy) with no caps on the number of individuals notified
Went beyond just insurance — they needed help with compliance and cybersecurity to protect their patient data
After reviewing options with their insurance broker, they chose Coalition. And in addition to receiving superior coverage, they’ve re-written their security policies with help from Coalition’s Security Incident Response Team (SIRT), and are using Coalition’s included Employee Security Training and simulated phishing emails with every single member of their staff.
Coalition’s included security tools can reduce an organization’s costs to detect, recover, and contain a breach by over 40%, and are available to all policyholders at no additional cost.