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How To Protect Sensitive Data When You Outsourcing

Companies of any scale have been leveraging this practice, trying to cut development costs and access the rich talent pool. However, despite offering significant benefits, IT outsourcing often causes serious data security concerns.

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Why Should You Outsource the IT Department in Your Company

According to Statista, by the end of 2021, the total value of IT outsourcing services will exceed $413.72 billion compared to $395.57 billion in 2019.

Companies of any scale have been leveraging this practice, trying to cut development costs and access the rich talent pool. However, despite offering significant benefits, IT outsourcing often causes serious data security concerns. According to the statistics, about 65% of companies that have used this solution have faced an information breach.

But how to keep data secure while taking full advantage of outsourcing services? This article has gathered guidelines that will let you protect company data and enjoy collaboration with an outsourcing software development company.

1. Ensure In-House Security

When it comes to outsourcing custom software services, first, make sure that you have a robust in-house data security policy. Here are some important tips to follow:

  • Distinguish between sensitive and common data using data classification.
  • Use different ways to protect digital content, such as encryption, digital rights management (DRM), tokenization, etc.
  • Establish strict access control using passwords, PINs, etc.
  • Educate your employees not only to use strong credentials but also to change them regularly.
  • Guide your employees on how to handle and protect the company’s sensitive data.
  • Build a strict Internet usage policy. Internet access in the company should be restricted to business needs only since personal web usage significantly increases the risks of malicious access to valuable information.

2. Choose the Right Outsourcing Vendor

Following the establishment of an internal security policy, the next step is selecting the outsourcing company to meet your security requirements. When choosing among various vendors, opt for the one that:

  • Provides strict security policy.
  • Has a good reputation in keeping customers’ sensitive data protected.
  • Educates its employees about the importance of sensitive data protection and signs non-disclosure agreements (NDA) with them.
  • Considers customer data protection as a core company value.

To understand if vendors meet the following criteria, investigate their data protection measures. It’s reasonable to ask outsourcing companies to define their strategies to store and process valuable information, data and database protection approaches, and practices implemented for vulnerabilities management. What is more, ensure that your potential vendor employs optimal cybersecurity technologies to provide an added level of data protection.

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A trustworthy outsourcing company guarantees data security on three basic levels:

  • The physical level ensures that a third-party vendor can protect your data from physical actions and events such as natural disasters, fires, thefts, etc.
  • The technological level includes various hardware and software tools used to protect data from cyber threats. These solutions encompass email filters, antiviral software, DLP software, etc.
  • The administrative level provides a smooth and efficient security policy. It handles PoLP, Internet use, data protection, NDA agreements, and other issues to prevent sensitive data breaches.

3. Use Principle of the Least Privilege (PoLP)

The principle of the least privilege implies that a user, an application, a program, or a process should have only the minimum of the rights necessary to fulfil their functions. Not only does it reduce the risks of a cyberattack, but it also prevents the spread of malware since it’s impossible to elevate privileges to increase access to a company’s critical systems and sensitive data.

PoLP has to be an integral component of the IT outsourcing policy. When granting privileges to your outsourcing vendor, make sure they have only the necessary amount of access to the company’s valuable assets and continuously review the given rights.

4. Conduct Regular Security Audits

Make sure your company conducts regular application, database, and network security monitoring. This way, you will reduce potential security issues, identify and address vulnerabilities as soon as possible. Moreover, it’s a valuable practice to determine whether your outsourcing vendor still maintains data security controls and follows the established outsourcing rules and regulations.

5. Keep Reviewing Your Data Security Measures With Vendors

When cooperating with a third-party vendor, you should never lose control. Even if you have long-term and productive relationships, it’s important to check if your outsourcing partner continues to meet security standards. Here are some aspects to pay attention to:

  • Make sure that the vendor deactivates unused user accounts. Otherwise, such accounts can be compromised and used with malicious intentions.
  • Find out if your outsourcing partner monitors outbound internet traffic and emails for potential data breaches.
  • Ensure the vendor’s user accounts meet necessary security requirements (strong credentials, adequate privileges, etc.)

6. Ensure a Legal Backup

Although the contract doesn’t ensure complete data protection, it can serve as a legal backup. Sign an agreement with the outsourcing vendor, defining essential security requirements. For example, in this document, you can specify that it’s prohibited to transfer your company’s sensitive data to complex media, or that the data transmitted online should be encrypted, etc.

Final Thoughts

Outsourcing has gained widespread popularity, providing companies with a vast number of operational and financial benefits. Although there are some potential risks related to data security, they should not become an obstacle to experience outsourcing.

By building a robust in-house data security policy, selecting the vendor that follows high-security standards as well, and conducting regular privacy and security audits, you will be able to achieve a win-win situation, enjoying the advantages of outsourcing and keeping your sensitive data safe.

We are an Instructor, Modern Full Stack Web Application Developers, Freelancers, Tech Bloggers, and Technical SEO Experts. We deliver a rich set of software applications for your business needs.

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3 Tips for Designing the Perfect Cryptocurrency Blog

The design will also have a big impact on how many people you keep on your website, and for how long. Here are some tips for designing the perfect cryptocurrency blog.

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Tips for Designing the Perfect Cryptocurrency Blog

Crypto is back in the news right now, and, if you’re a big fan of crypto and know a lot about it, then you could make a little bit or even a lot of money with a cryptocurrency blog. You have to make sure that it’s designed properly, however.

This will make your blog come across as more professional, reliable, and credible. The design will also have a big impact on how many people you keep on your website, and for how long. Here are some tips for designing the perfect cryptocurrency blog.

1. Look at What Other People are Doing

The first thing you should do when designing a crypto website is to scout the competition and see what they’re doing. Now would also be a good time to start looking at sites for information. If you want accurate information on price action for different currencies, a site like OKX.com will help. You should also check out some of the main information sites and inspire yourself with their design.

Look at different blogs and see how much emphasis they put on images. Look at the banners and if they’re using a pop-up or pop-under.  Also look at the navigation, size, and weight of the fonts, color schemes, and the site’s layout.

2. Leave Plenty of Space

You shouldn’t obsess over design elements when it comes to a blog. Look at any of the top blogs in any category and you’ll notice that most of them have very barebone designs with lots of white space. And you can rest assured that they did not come with that design by accident.

3 Tips for Designing the Perfect Cryptocurrency Blog

White space is your friend and allows people to concentrate on the content. White space will also make images stand out. So don’t be afraid to have plenty of white space and try to use impactful images or titles instead of snazzy design elements to attract attention.

3. Perform thorough A/B Testing

You have to test every element of your website and monitor your metrics closely. You have to look at bounce rates, average time spent on pages, and how many pages on average people visit when they come to your blog, among other things.

The best way to test your website is to put it through multiple rounds of A/B testing. This is when you present an alternative version of the website to visitors and see how specific elements impact your metrics.

Be very careful to only test one aspect of your website at a time, however. If you test color schemes and fonts at the same time, for example, and you see a drop or increase in bounce rate, you won’t be able to know what the exact cause was.

These are all things that you’ll need to do if you want to build a great cryptocurrency blog this coming year. If you manage to give your readers the content that they need and work on promotion, you could amass an audience very fast, so be persistent and commit to offering your audience the best product you’re capable of.

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