Outsourcing information security: The risks and benefits

If the thought of information security scares you, you are not alone. Unfortunately, despite the fear, information security often gets very little attention. Due to the lack of resources, companies often shove the task of internet security on under-qualified individuals who already have full-time jobs. If this is the case at your company, it may be time for you to consider outsourcing your information security. The following are the top benefits and risks associated with outsourcing information security.

Benefits:

Reduced Costs

Paying for a dedicated information security employee is expensive. On top of a salary you will also need to pay for training, the basic technologies associated with keeping your business safe, and constant technology upgrading which is inevitable.

Better technology and expertise

Because their sole job is to secure other businesses, information security companies can afford top-of-the-line technology and the most skilled employees. They also have the time to invest in keeping up with new trends and technology.

Support

Because of the sensitivity and urgency of information security, most information security companies are available for support 24/7. This means all issues will be resolved quickly and with minimal stress.

Risks:

Information is in Jeopardy

Handing over your most confidential information can be risky. You need to research to make sure the company you outsource to truly offers the level of security it claims it does.

Loss of control

When you sign a contract with an information security company, they may assume too much control. They may be able to choose what technology you use, when you update software, and what security strategy you employ. Without a comprehensive understanding between you and the vendor, If you do anything that they didn’t advise you to, you could be breaching the contract.

Loss of flexibility

If your business is growing quickly you may not want to get locked in to a contract with an information security company.  As you grow your needs may change and the company you signed on with may not be able to accommodate your new needs. If they can accommodate it, they will likely charge you for any and all changes they make.

Handling information can be a scary and highly demanding job, so you are not alone in considering outsourcing the work; in fact, whether it is due to a lack of time, resources, or talent, many businesses are forced to look outside their companies for security services. There is no one information security company or contract that is right for every business, so make sure to thoroughly research your options so that you make the best possible choice.

Share with us your experiences with outsourcing information security.