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Scrape Timestamp (UTC): 2025-03-20 10:04:07.075
Source: https://thehackernews.com/2025/03/why-continuous-compliance-monitoring-is.html
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Why Continuous Compliance Monitoring Is Essential For IT Managed Service Providers. Regulatory compliance is no longer just a concern for large enterprises. Small and mid-sized businesses (SMBs) are increasingly subject to strict data protection and security regulations, such as HIPAA, PCI-DSS, CMMC, GDPR, and the FTC Safeguards Rule. However, many SMBs struggle to maintain compliance due to limited IT resources, evolving regulatory requirements, and complex security challenges. Recent data shows there are approximately 33.3 million SMBs in the U.S., and 60% or more are not fully compliant with at least one regulatory standard. That means nearly 20 million SMBs could be at risk of fines, security breaches, and reputational damage. For Managed Service Providers (MSPs), this presents a huge opportunity to expand your service offerings by providing continuous compliance monitoring—helping your clients stay compliant while strengthening their own business. The Role of Continuous Compliance Monitoring Traditional compliance audits have been conducted periodically—often annually or quarterly. However, this approach leaves gaps where security threats and compliance violations can go unnoticed. Continuous compliance monitoring provides real-time visibility into security, data protection, and regulatory adherence. This proactive approach allows MSPs to: With the right tools in place, MSPs can transform compliance from a time-consuming, labor-intensive headache into a scalable, profitable service. Value to MSP Clients: Why Businesses Need Continuous Compliance Monitoring For SMBs, the benefits of compliance monitoring go far beyond avoiding fines. A proactive compliance strategy can help businesses: How Compliance Manager GRC Turns Compliance into a Scalable MSP Service For many MSPs, managing compliance manually is complex, overwhelming and unprofitable. Compliance audits, documentation, and risk assessments consume valuable time and resources, often without a clear return on investment. Simply put, it's hard to sell and hard to deliver this critical service. That's where Compliance Manager GRC comes in—helping you easily manage IT security and regulatory compliance. Think of it as a dedicated compliance copilot, ensuring businesses stay compliant with security laws and standards without the manual hassle. MSP Success with Compliance Manager GRC – A Case Study "Before using Compliance Manager GRC, compliance was drowning us. One law firm client alone was costing us $5,000 a month in lost revenue and wasted time on audits and documentation. We had to walk away. But after implementing Compliance Manager GRC, everything changed. We streamlined compliance, focused on the right clients, and turned it into a major revenue driver—generating nearly a million dollars in professional services revenue this year alone." — Javier Dugarte, VP of Sales and Operations, GoCloud Inc. With Compliance Manager GRC, MSPs can turn compliance into a competitive advantage, securing high-value clients and unlocking new revenue streams. New Features That Make Compliance Manager GRC Even More Powerful Compliance Monitor: Continuous Compliance Monitoring Compliance Monitor enables automated, ongoing compliance monitoring, ensuring MSPs and their clients stay compliant with minimal manual effort. By using the Compliance Monitor feature, you can save time, avoid audit headaches, and provide continuous compliance assurance to clients. Risk Manager: Simplified Risk Management for MSPs The Risk Manager feature helps MSPs prove their value to clients by delivering clear, actionable risk insights to support smarter decision-making. Together, Compliance Monitor and Risk Manager make Compliance Manager GRC a no-brainer for MSPs looking to save time, reduce risk, and turn compliance into a high-value service. How Compliance Monitoring Helps MSPs Expand Their Client Base For MSPs, offering continuous compliance monitoring isn't just about helping existing clients—it's also a growth opportunity. Here's how compliance services can help expand your MSP business: With nearly 20 million SMBs in need of compliance solutions, MSPs that provide these services are well-positioned for growth. How MSPs Can Implement Continuous Compliance Monitoring To successfully offer compliance monitoring, you should: By implementing these strategies, you can deliver high-value compliance solutions while increasing their service revenue. Future-Proof Your MSP Business with Compliance Services Regulatory compliance is not optional—it's a critical business necessity for SMBs. However, with millions of businesses struggling to maintain compliance, MSPs have a massive opportunity to step in with continuous compliance monitoring services. By offering proactive compliance monitoring with Compliance Manager GRC, you can: ✅ Help clients avoid fines and security risks ✅ Automate compliance reporting and streamline audits ✅ Expand their service offerings and increase revenue ✅ Build long-term relationships with businesses in need of compliance expertise With compliance regulations only getting stricter, MSPs that invest in continuous compliance solutions today will be well-positioned for long-term success. Request a demo today.
Daily Brief Summary
Small and mid-sized businesses (SMBs) are increasingly subject to stringent data protection and security regulations, making compliance a critical issue.
Recent data highlights that over 60% of approximately 33.3 million U.S. SMBs are not fully compliant with at least one regulatory standard, risking fines and reputational damage.
Managed Service Providers (MSPs) have the opportunity to expand their service offerings by providing continuous compliance monitoring to help SMBs maintain regulatory compliance.
Continuous compliance monitoring offers real-time visibility into security and compliance, helping to close gaps that periodic audits may miss.
The introduction of tools like Compliance Manager GRC can transform compliance into a scalable and profitable service for MSPs, reducing manual efforts and enhancing efficiency.
Implementing continuous compliance monitoring not only aids in risk management but also positions MSPs as essential strategic partners for SMBs.
MSPs can leverage compliance monitoring to attract new clients and unlock additional revenue streams, making it a competitive advantage in the IT services market.