The Biggest Trend Ever In Outsourcing…Cyber Security….Here Is Why

Outsourcing ITO related services has saved tens of billions of dollars (and possibly more) for US corporations. In almost any case it is the trifecta of lower expenses, available skill sets and ability to scale up or down as needed which results in the adoption of an outsourcing strategy.

What is usually never part of the consideration is time to market (fear of loosing out) or a really pressing business need which necessitates the adoption of an outsourcing strategy.

Cyber security though is different though. For sure, lower expenses , available skills and the ability to scale are nice to have when it comes to Cyber Security…but what really separates Cyber Defense as an outsourcing strategy from the rest of the pack is that corporations feel a HUGE (!) need to address the issue as quickly as possible.

Simply stated….corporations feel like they are being overrun with cyber security related issues and they simply do not have the necessary skills and time to address it.

The need for Cyber Defense has created a bottle neck with a huge amounts of companies trying to get through the bottleneck in their attempt to access the services offered by so few professionals.

It is the perfect storm…and I can say that I have never seen a pent up demand for a particular service like this before.

A recent Intel Security report surveyed IT decision makers and reported that a whopping 82 % of the respondents are complaining about difficulties in their attempt to hire cyber Security professionals.

It should come therefor as no surprise that 60 % of the respondents are considering outsourcing some or all of their cyber defense needs. Considering the fact that cyber defense was really not on the radar until a few years ago…this is a rather stunning number.

The report is a rather fascinating read…and I encourage anyone with some stake in the cyber game to take a look at it. Download It Here

What might be the most important takeaway from all of it is that the issue will not go away anytime soon. Baring a rather revolutionary technical solution to Cyber Security this is an arms race which will go on.

As such it seems a fair guess that Cyber Security will stay on top of the priority list for outsourcing related services for years to come.