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Volume 30, Issue 1

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Tuesday, 21 May 2013 16:00

How to Avoid Dangerous Data Breaches While Outsourcing

There’s plenty of talk about security threats from internal employees—but what about the threats associated with outsourcing?

The stats may (or may not) surprise you. Forty-six percent of organizations do not evaluate the security and privacy practices of vendors before sharing sensitive or confidential information, according to a recent study conducted by the Ponemon Institute. The survey polled nearly 750 individuals in organizations that transfer consumer data to third-party vendors.

“Many companies have higher standards for their in-house data security practices than they have for vendors that they enlist to hold customer information,” says Michael Bruemmer, vice president at Experian Data Breach Resolution. “The standards should be consistent, because not adhering to the same policies leaves companies vulnerable.”