Are You Thinking about IT Outsourcing? Top Reasons, Risks and Rewards

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SESSION ID: #RSAC Lakshmi Hanspal Are you thinking about IT Outsourcing ? Top Reasons, Risks and Rewards TECH-F03 PayPal Inc. @lakshmihanspal The views expressed in this presentation are my own, and not those of PayPal Holdings, Inc. or any of its affiliates

Transcript of Are You Thinking about IT Outsourcing? Top Reasons, Risks and Rewards

SESSION ID:

#RSAC

Lakshmi Hanspal

Are you thinking about IT Outsourcing ?

Top Reasons, Risks and Rewards

TECH-F03

PayPal Inc.@lakshmihanspal

The views expressed in this presentation are my own, and not those of PayPal Holdings, Inc. or any of its affiliates

#RSAC

How do you approach “IT Outsourcing” ?

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#RSAC

Our Journey Today

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Trends in Outsourced IT Services

Top Reasons to Outsource IT

Top Risks in IT Outsourcing

Top Rewards in IT Outsourcing

Key takeaways for you

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Trends in Outsourced IT Services

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Outsourced IT services

Network

(Buildout /

Monitoring)

Help Desk /

Customer

Support

Data

Centers

(Web scale)

Content

Creation &

Hosting

(Business

Apps)

Which IT services are being outsourced ?

What is the predicted trend for 2016 and beyond ?

IoT

Security

Big Data

Analysis

Vulnerability

Mgmt

(Scanning

and Pen

Test)

Threat

Intelligence

(Crowd

sourced)

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Reduce Cost

Focus On Core

Speed to Market

IT Talent

Efficiency

ConserveCapital

CompetitiveEdge

Top Reasons to Outsource IT

What are current business drivers?

What are trending business drivers?

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Top Risks in IT Outsourcing

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REPUTATIONAL

TRANSACTIONAL

OPERATIONAL

CONTRACTUAL

COMPLIANCE

IP Theft, Breach

Confidentiality, Insider Threat

Functional Misfit, Scalability, Business Continuity, Risk Transparency, Language, Culture, Timezone

Vendor Lock-in, Vendor Performance, Fees/CostsSub-contracting

International, Regional, Functional

What risks should you consider?

How does trending of business drivers affect these risks?

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Top Rewards to IT Outsourcing

What are the benefits to outsourcing?

Are these perceived or actual rewards ? How can they be measured ?

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3040

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50

Bottom Line

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10

3040

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7060

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Technology

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People

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Operations

Retention of Talent

Business Focus

State of the Art

Risk Aligned

Predictable Opex

Redirect Capital

Agile

Scalable

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Key takeaways for you – Near Term

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For your existing outsourced services, understand roles and responsibilities for:

Breach notification

Vulnerability management and reporting

Key management

Identity management and provisioning (apps and users)

Administration and access control

Identify and align with business and regulatory constraints

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Key takeaways for you - Strategic

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For your next outsourcing opportunity:

Clearly identify and articulate the compelling business drivers for steering in this direction

Strive for risk transparency on associated risks when someone else is running your critical part of the business

Enumerate and measure the benefits expected to be reaped

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Interested in More Info on Outsourcing Trends?

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Coming Soon: Outsourcing Trends Publication Series

March 2016: Crowd Sourced Threat Intelligence

April 2016: IoT Security

May 2016: Big Data Analysis

June 2016: Vulnerability and Pen Testing

https://www.paypal-engineering.com

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Q & A

Lakshmi [email protected]@lakshmihanspal