Chapter 8 Modeling cybersecurity risk dimensions in digital supply chains operating in an offshore environment

DOI: 10.1201/9781032707884-8

8.1 Introduction

Leimeister (2010) defines IT outsourcing as handing over some or all information system functions of an organization to one or more third-party vendors. These functions include IT assets, activities, people, processes or services on a mutually agreed contract for a particular period of time. The outsourcing of information technology services is now a well-established practice and is used by companies across the globe. Though IT outsourcing makes enterprises more agile and cost-effective, it is evident that IT outsourcing involves cybersecurity risks. According to a World Bank report, ...

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