Featured in SupplyChainBrain, Weaver’s Robert Neill discusses the inherent risk associated with outsourcing IT services:
- Businesses are increasingly turning over all or part of their information technology functions to outside service providers. While this may create certain efficiencies, the organization is still ultimately responsible for risks associated with the availability and functions of I.T. services, as well as proper access and use of company data.
- Assessing and managing risk in third-party technology service suppliers can be a challenge, since significant portions of the service environments are under the control of the provider, and are likely beyond the purview of the acquiring organization. Due diligence must be performed up front to assess the risks associated with engaging an external party.
To read Robert’s full article on SupplyChainBrain, click here.