Chapter 7: How to Talk to Your Clients About Risk Management

Chapter 7:

How to Talk to Your Clients About Risk Management

[15 min read]

Now that you understand how to package and price your risk management and Compliance as a Service offering, Chapter 7 shares tips and talking points that will help you have better conversations with prospects and clients.

7.1

Developing Effective Talk Tracks

Key Questions to Ask:

Incident Response:

  • Do you have an Incident Response protocol in place?
  • Have you considered what happens to your business in the event of an incident?

Contract Requirements With Clients:

  • What requirements are involved?
  • Are you actually following those requirements?
  • Can you prove it?

Cyber Insurance:

  • Do you have cyber insurance?
  • Would you like to reduce your insurance premiums by improving your security posture?
  • Do you have objectives in place to make sure your insurance actually pays out?

Common Objections and Responses:

"It's too expensive" or "We don't have the budget for this."

Response:

"I understand that cost is a key concern, especially when balancing multiple priorities. However, the cost of non-compliance — such as fines, legal fees, and reputational damage — can far exceed the investment in a compliance tool. Solutions like ControlMap help automate many manual tasks, freeing up your team to focus on growth rather than compliance paperwork. Becoming compliant may open doors to new markets and opportunities where compliance is a basic requirement"

"This seems too complex to implement" or "We don't have the resources to manage this."

Response:

"I get that implementing a new system can seem daunting. ControlMap is designed for simplicity, providing guided workflows and automation to the compliance process, requiring minimal time from your team. Our MSP services include full onboarding, training, and ongoing support to ensure a smooth and manageable implementation."

"We haven't had any issues so far" or "We don't think we need this right now."

Response:

"It's great that you haven't faced any issues yet, but compliance is often about prevention rather than reaction. Regulations are constantly evolving, and waiting until there's an issue could be costly. Proactively managing compliance protects your business from potential fines and breaches and demonstrates a commitment to security and transparency, which can build trust with your customers."

"What's the ROI on compliance?" or "How will this help our bottom line?"

Response:

"The ROI of compliance goes beyond just avoiding fines. It also includes reduced risk of breaches, which can save millions in potential losses. Compliance can be a competitive differentiator, allowing you to attract more clients who require vendors to meet specific regulatory standards. Not to mention the savings on cyber insurance for a strong security posture, which does go right to your bottom line."

"We're already compliant" or "Our industry doesn't require this."

Response:

"That's great to hear! However, staying compliant is an ongoing process, not a one-and-done task, especially as regulations evolve. Even if you feel secure now, maintaining that status requires continuous monitoring and updates. Most industries are catching up with compliance, and new regulations are constantly being rolled out. It’s just a matter of time until this impacts you or your clients."

"Can we revisit this later?" or "We have other priorities right now."

Response:

"I understand that you have many priorities. However, compliance is one of those things that, when deferred, can quickly become a critical issue. Instead of a major project down the line, implementing a compliance solution now can be a gradual process that aligns with your current pace and resources, ensuring you are prepared for any regulatory changes."

"We’re too small for this right now."

Response:

 "Compliance isn’t just for large enterprises — regulations apply to companies of all sizes. Small companies are increasingly targeted, and the threat of breaches is growing fast. Being small can be advantageous; it's easier to build compliance into your processes now rather than later when the organization is larger and more complex."

"We’ve never been audited before."

Response:

 "That’s great to hear, but compliance isn't just about preparing for audits — it's about preventing breaches, protecting data, and meeting the standards your clients expect. Audits can happen anytime, and being unprepared could result in significant fines or lost business."

"We can handle compliance internally."

Response:

"While internal efforts are a good start, the complexity of compliance grows as regulations evolve. Tools like ControlMap are designed to reduce manual workload, minimize human error, and ensure you’re always up-to-date with the latest standards — something difficult to achieve with spreadsheets alone. And hiring a full-time technical compliance manager is a massive expense, so outsourcing those responsibilities to an expert can help a lot."

"Our customers aren’t asking for this."

Response:

"While it’s true that not all customers ask for compliance, being compliant can actually be a strong selling point. It builds trust and credibility, potentially opening doors to larger clients or contracts that do require compliance as a standard."

"Compliance feels like a never-ending cost."

Response:

"Compliance is indeed an ongoing process, but it’s an investment in your company’s longevity, reputation, and security. ControlMap can help you manage that process more efficiently and cost-effectively over time, reducing the risk of unexpected costs from fines, breaches, or lost business."

“Compliance isn’t necessary for my business” or “I don’t need it.”

Response:

 “Think about the potential temporary closures, profit loss, and negative impact on your business’s reputation if there is a breach. Compliance frameworks can help set the foundation to minimize the risk of these kinds of incidents. It’s a small investment now to drastically increase business resiliency.”

“Why should I pay for this if it's no threat to me?”

Response:

“Consider your insurance coverage — you hope you’ll never need to use it, but you still require it to protect your business. This is the same thing. And as a bonus, cyber insurance premiums tend to go down for businesses who are compliant, so this can also save you money.”

“I don’t want to take on that kind of liability.”

Response:

“You won’t absorb this liability on behalf of your clients. Consider doctors — they have to follow certain procedures to avoid being sued. These are best practices established by the governing bodies in the industry — they’re not just winging it or making it up on the spot. This shifts the liability to the best practice, so the doctor doesn’t take it on themself. Same thing here with compliance. You’re shifting liability on to the best practice and simply facilitating this for your clients.”

7.2

Pre-Assessment Discussions

How to conduct initial conversations and gather necessary information:

1.

Start with the basics

It’s important to understand your client’s business. Here are a few simple questions that can be asked and answered in five minutes — this information will give you a rough idea of your client’s current compliance status and most urgent needs:

• Do you take credit card payments?
• Do you handle sensitive health or financial data for your clients/customers?
• Is data critical to your everyday business operations (like you actually can’t work without it)?
• Does your company have cyber insurance? And do you want to reduce your premiums?
• Who on your team is responsible for enforcing security controls (if anyone)?

2.

Pitch value, not compliance

Compliance isn’t simply a checklist or a toolset you can sell to clients. It’s a change in thinking — a perspective shift for how they evaluate risk at a business level. You’re not selling compliance; you’re selling the value of elevating risk management.

And no tool will do this for you. Your client could onboard an entire stack of compliance software tools, but that doesn’t inherently provide value. The true value is in building a secure foundation that empowers their business to operate more efficiently and scale without fear. If you can focus on selling that value, you will convert the right kind of clients — those who see compliance as a piece of the puzzle that will help them achieve their big-picture goals.

3.

Engage clients with interactive assessments

To engage with potential clients, you must illustrate the potential risks they face and the benefits of becoming compliant to mitigate these risks. To do this, we’ve put together a collection of interactive tools for you to use in client-facing conversations:

• Client Assessment Survey
• Compliance Framework ID Tool
• Compliance Roadmap
• Risk Analysis Worksheet

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