The Data Center Journal How CISOs Can Combat the Data Leak Risks of Corporate Social Media Access

Outsourcing risks: Loss of personal data, Stolen identity, ID theft BY: Tim | Category: Others | Post Date: 2008-10-02 The biggest risks which a company takes while outsourcing some of their operations are concerns about the loss of personal data of their customers or employees. This is not necessarily about outsourcing risks to countries like India, China, Philippines, Mexico etc .. sensitive personal data can be lost even in the home country or even in another developed country. These companies should ensure they follow excellent security practices to eradicate this issue of identity theft and data breaches. Another big issue is enforcement, the laws of each country are different and if a loss of personal data happens there may not be enough the parent company can really do. These days the storage devices are becomming smaller in size, a modern day laptop or a memory stick can hold enormous data. To battle the problem of data theft in United States people should check their credit histories for free every year from all 3 major credit bureaus.

The Risks of Outsourcing IT References (12) 1. L. Loh and N. 2. J. F.W. M.C. D.F. 3. 4. 5. Cross (1995); and McFarlan and Nolan (1995). 6. Show All References