Cascading compliance requirements impact your MSP business

In this video, Brian Blakely and Wes discuss the importance of compliance for MSPs and the challenges it presents. They delve into the growing demand for MSPs to adopt compliance frameworks like CIS controls and the potential risks of not aligning with these standards. The conversation highlights the critical role of compliance in maintaining client trust, reducing business risks, and staying competitive in a market increasingly focused on regulatory adherence.

• The importance of compliance for MSPs is growing, as clients’ audit requirements increasingly involve MSPs. MSPs need to be proactive in adopting compliance measures to maintain competitiveness and avoid losing clients.
• Compliance is not just an expense but an investment that can differentiate an MSP, improve customer retention, and increase the value of the business, especially during mergers and acquisitions.
• MSPs should align with a control framework like CIS controls to simplify compliance across multiple frameworks and prepare for future regulations. Continuous monitoring and evidence of compliance are crucial for meeting audit requirements.