Milliman provides a practical response to the challenge of assuring state-of-the-art security.
Milliman’s security solutions effectively address
- SOX, HIPAA, FFIEC, GLBA, EU Directives, NAIC, state laws, etc.
- Auditor requirements
- Business partner and investor expectations
- Potential public or private legal actions
- Identity theft
- Public fears with electronic information and the Internet
- Outsourcing security concerns
- Potential operation disruptions
- System errors, omissions and possible fraud
- Publicity over security breeches that can damage reputation, service and product opportunities and revenues
At the same time, Milliman solutions help organizations reduce the cost and improve management oversight of a best practices security program.
Milliman provides an essential alternative to security options such as
- Ad hoc crisis management
- Increased security budgets
- Consultants and more consultants
- Document management systems with limited functionality
Milliman’s comprehensive security solutions
- Are cost-effective and turn key
- Meet a range of regulatory needs
- Support custom implementation
- Scale from small to large organizations
- Integrate with business operations
- Offer long term management tools
- Produce results quickly
MS2 and MS2:VM
- Incorporate accepted industry standards, such as NIST, ISO, COBIT and ISSA
- Identify and document security safeguards through a detailed a Risk Assessment with built-in intelligence
- Maintain security program documentation
- Produce due diligence & management reports
- Track and help manage internal and vendor remediation and control validation efforts
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