Over the last few decades, outsourcing has become a popular way of doing business. In an attempt to get access to a pool of talented employees and services cost-effectively, more and more firms are being encouraged to go for this option. As per a recent report, US alone outsources approximately 3,000,000 jobs annually. As these firms, especially those from the IT sector, are offshoring their work increasingly, it is important to understand that while offshoring may be cost-effective, it also leads to the disclosing and sharing of significant information and sensitive data to an outsider. Hence, for the benefit of the company, it is important to take proper measures to ensure information security while outsourcing IT services.

Following are 5 ways in which you can ensure information security as well as enjoy the perks of outsourcing:

1. Choose Outsourcing Firm Carefully

One of the most important steps while opting for IT outsourcing service providers is to check the authenticity of the company you wish to offshore your work to. Check thoroughly the background of the company, its establishment, clientele, feedback from other clients, and a number of other things that will ensure that the organization is exactly what it claims to be. It is also important that the vendor you choose has a good track recording of safe data keeping and has security policies of their own.

2. Start From Your Own Firm

While there are a number of IT outsourcing service providers claiming to do all your work, it is important that even before you approach any of these companies, you look into your own first. For starters, ensure that your in-house cyber security is strong so that in case of any requirement for an incident response, you have proper strategies in place. For an effective solution, it is advisable to have a plan that will be able to cover every aspect, from detecting a problem to strategic response and eventual recovery.

3. Optimum Utilization of Technology

With the increasing instances of breach of data in companies, having the latest technology for cyber security is the need of the hour. For both in-house and your vendor offering you IT outsourcing services, employing the latest technology for cyber security can bring down security threats considerably. This will provide an additional level of security to your data and prevent you from incurring a major loss.

4. Regular Audit

It is always advisable to resolve an issue as soon as possible to stop further damage. The same thing is applicable when it comes to protection of data during IT outsourcing. Regular audits and close monitoring routinely will make sure that everything is in order. In case there are some problems, a potential issue can be identified quickly and dealt with as soon as possible. In addition, to have a quick solution, regular audits will also ensure that your vendor is still in line when it comes to addressing cybersecurity concerns.

5. Application of PoLP Rule

The PoLP rule, also known as the Principle of Least Privilege, is a crucial IT security rule under which the access of users is limited as per their job duties and responsibilities. The application of this rule will ensure that people who need access to a certain section of data get what they want and the rest is unreachable to them. This way, if someone intends to leak data, they cannot get hold of the whole information and this rule will also allow you to keep a close watch on those who are given data access.

Outsourcing can be advantageous for small firms as it helps them in competing with other business giants without actually having to spend a hefty amount. However, without proper cybersecurity, there is a maximum risk of data breach, which can lead to losses for your business. So, with the right measures, you can thrive in your business and enjoy all the advantages of outsourcing.

Author's Bio: 

John Tie is a professional writer, blogger who writes for a variety of online publications.