Top 10 op risks 2019: outsourcing and third-party risk

Perfecting internal controls is meaningless when lax oversight of outsourcing offers back-door vulnerability

If you could pay someone to worry about something for you, would you? Outsourcing key infrastructure or services to third parties is a tantalising prospect for many of the world’s largest firms. The incentive is to harness the expertise of specialist providers, or to save costs. Or, ideally, a combination of the two.

The trade-off for many risk managers is a lingering concern about losing oversight of vital business functions. The prevalence of breaches via third parties and growing regulator

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here