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At what point will companies STOP outsourcing their IT to - China and Indian, etc. Cybersecurity

Posted: May 12th, 2017 - 11:28 am In Reply to: UK Hospitals hit by cyberattack - anon

is one area that pundits will never speak about truthfully. The fact is is that banks, governments, technology companies, etc. hire or use foreign programmers. Those programmers mostly come from the countries I mention.

A family member used to work for one of the largest banks in the world. They entrusted most of their entire trading platform, business operations and commercial banking operations to Shanghai programmers who were not even employees. Why? Because a Shanghai computer contractor cost less than $20,000 a year rather than an American working out of the bank’s HQ in New York who cost at least $150,000. This is not a surprise his peers were concerned about what could happen.
And the general public must live with the ramifications.


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