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Outsourcing News : Article

Outsourcing Managed Security: Risk and Rewards

Security is next on the list of outsourcing candidates. But companies have to evaluate a trade off between risk, cost arbitrage and expertise before they make the move

The risk and threats that companies face in protecting confidential information is making them look for outside expertise in managing security. Hacking incidents, losing data in transit, storing transaction data in violation of company policy, money laundering — all of these form a witches brew of vulnerabilities that can easily lead to losses in millions of dollars in the form of lawsuits, regulatory actions and reputation damage.

It’s no wonder then that managed-security service providers are stepping forward to relieve corporate information-security officers of the burden of protecting sensitive data. Such providers can eliminate the pitfalls of managing and monitoring security devices and events, and ensure a rapid response to real threats.

Read entire article on Global Services

Posted: Monday, May 29, 2006

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