Details: For MSPs catering to a mix of non-regulated and regulated industries, choosing a universally recognized GRC framework is essential. It not only helps in establishing robust governance practices internally but also acts as a beacon of trust for your end clients. By aligning with a popular framework, you can demonstrate your commitment to best practices and ease the concerns of potential clients, especially in regulated sectors.
Action Item: Examine the industries that your MSP end clients operate within. Opt for general governance and risk frameworks like CIS or industry-specific ones like HIPAA for healthcare, or FTC for any SMS that handles financial records. Make an effort to align your services with these benchmarks, ensuring you're well-positioned to address the unique GRC challenges each client may face.
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