Solutions – WISP Builder

WISP Builder | Solutions

Written Information Security Plans (WISP) are legally required effective June, 2023.

Keep your practice compliant with IRS standards to avoid fines and hassle.
Maintaining an evergreen plan is tough, but WispBuilder simplifies the project, streamlining your journey to best practices to create a Plan you will use!
WISP Builder starts with an editable Security Summit template that contains essential elements, all ready to create your Firm’s IRS WISP!

The IRS recommends a WISP plan should:

Employee Management & Training

Designate coordinators for information security
Design and implement a safeguard program
Evaluate and adjust the plan as changes occur

Information Systems

Identify service providers that can maintain appropriate safeguards
Identify, assess, and help reduce risks to PII

Detecting and Managing System Failures

Clearly identify post-breach responsibilities
Regularly test and monitor the plan

WISP Builder | Solutions

SOLUTION:

Resources needed are included in WISP Builder.

A good IRS WISP requires regular maintenance and upkeep.

Once Completed:

Keep your IRS WISP in a format others can easily read
Make IRS WISP available for training purposes
Store a copy securely offsite
Regularly update the plan to reflect new developments

SOLUTION:

WISP Builder delivers an evergreen tool that helps meet these requirements.

Additional Recommendations

Create a data theft response plan
Maintain active lists of who has access to personal information
Identify equipment that contains sensitive information

SOLUTION:

WISP Builder has documents available to capture and maintain this information.

Source: IRS Publication 5709