In the emerging economy there is a new infrastructure, based on the internet, that is causing us to scrutinies most of our assumptions about the business. As a skin of networks - growing in ubiquity, robustness, bandwidth, and function - covers the skin of the planet, new models of how wealth is created are emerging.

Wednesday, February 29, 2012

To ensure business trust

The global economy is a digital economy, which depends on business fundamentals. At any given time, one of these fundamental is to establish trust. We have to make sure we are taking measures that infuse trust in our business partners, our employees, our consumers – and in the market.

Security and privacy are the enablers of trust in today’s economy. Effective security cannot be accomplished though technology alone: it is a process.

Collaboration and business continuity issues have therefore especially relevant: mission critical business functions, technology and business risks as well as risk mitigation and recovery strategies have to be identified.

Digitization by electronically capturing and storing records and data in secure, remote locations, creating stable systems and putting business continuity plans in place.

Business, as well as local, regional and national governments around the world need to increasingly turn to information technology – to digitization – to create more efficient and more secure processes to response to the new security challenges we are facing.

In addition, legal certainty is essential to establish trust. We must look to standardize out law and punishments for information technology crimes. Existing legislation needs to be reviewed to ensure that e-crimes can be prosecuted effectively. The current laws vary from country to country and the punishments often do not fit the crime.

It is essential that legal framework to combat cyber crime focus at international solutions that are balanced, flexible and meet broad international compatibility.

Furthermore, if not carefully considered, new laws can also have unintended damaging effects and government solution should take into account the expertise and adequate involvement of industry.

Action needs to be taken to both prevent criminal activity by enhancing security, but also to ensure that law enforcement authorities have the appropriate means to act if the prevention fails. However, the primary objective of computer and network security is to reduce risk, not to catch criminals.
To ensure business trust

The most popular articles

My Blog List