Protecting partner processes

Businesses constantly struggle with the question of whether to create, host and manage a business function internally, or trust a third party to do the heavy lifting. With increasing frequency, a financial analysis argues for outsourcing. But with more than 217 million records compromised, customers, the government and media are bringing increased scrutiny on data protection.

In turn, financial enterprises must be vigilant data guardians, in particular when outsourcing business functions and evaluating the security of partner processes.

Luckily, being a vigilant guardian doesn't necessarily req

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uire significant monetary investment. Instead, here are five tips for adopting a protective mindset that helps offset outsourcing risk:

About the author:
Perry Carpenter has spent nearly a decade working in IT and information security. Currently serving as the information security manager for a large wireless carrier, he has expertise in identity management, application security and data encryption and privacy. Earlier in his career he specialized in application development and Active Directory implementations. He maintains a security resource Web site at SecurityRenaissance.com.