If the lifeblood of the digital economy is data, its heart is the digital trust which simply means the level of confidence in people, processes, and technology to build a secure digital world. But in order to build digital trust, companies executives need to find new mechanisms to address emerging threats to data, security, and privacy.
So, how are companies doing when it comes to creating this trust? PwC surveyed 3,000 businesses worldwide to assess the current state of business’ relationship to trust and learn more about their readiness to address cybersecurity, privacy and data ethics.
A Top-line Snapshot Into the Journey to Digital Trust – Fall 2018:
- 91% of enterprise-wide digital transformation include security and/or privacy personnel as stakeholders.
- 53% include proactive management of cyber and privacy risks by design in the project plan and budget “fully from the start”.
- Only 34% of respondents said their company has an employee security awareness training program.
The Percentage of Medium and Large Firms Asserting Risks Are Managed ‘fully From the Start’ Varies by Sector
Content of “The Journey to Digital Trust – Fall 2018” Report:
- Introducing Digital Trust Insights
- Tomorrow’s transformation starts with people
- Evolving processes into new trust mechanisms
- Accelerating controls for emerging technology
Number of Pages:
Data in this report is based on a survey of 3,000 business leaders in 81 territories.