Explanation
The most effective way to mitigate information security risk when outsourcing network management to a service provider is to include a requirement for the service provider to comply with the corporate security policy in the contract. This requirement ensures that the service provider follows the same security standards, procedures, and controls as the organization, and protects the confidentiality, integrity, and availability of the organization's data and systems. The requirement also defines the roles and responsibilities, the reporting and escalation mechanisms, and the penalties for non-compliance.
References = A Risk-Based Management Approach to Third-Party Data Security, Risk and Compliance, CISM Domain 2: Information Risk Management (IRM) [2022 update]