Service Provider Oversight
Our solution provides a software application for managing service provider compliance with the Safeguards Rule. This allows you to retain and track all relevant documentation and information needed to prove service providers’ compliance with the rule.
Oversee service providers, by:
(1) Taking reasonable steps to select and retain service providers that are capable of maintaining appropriate safeguards for the customer information at issue;
(2) Requiring your service providers by contract to implement and maintain such safeguards; and
(3) Periodically assessing your service providers based on the risk they present and the continued adequacy of their safeguards.
Mosaic will help you to identify your service providers. Dealers then send Mosaic a list of their service providers and Mosaic collects a signed Service Provider Agreement from each.