Security News > 2021 > April > Business and operations leaders are building digital trust through partnerships
Increased investments in cybersecurity, information security and consumer privacy are the top priorities of business leader respondents to demonstrate a commitment to building digital trust, according to a newly released report.
PwC's latest Cyber Trust report also found that business leaders identified cloud security and data protection and privacy as the most strategic areas to prioritize in improving stakeholder trust.
SEE: Microsoft releases biannual reports on digital trust.
Building trust is all-encompassing because it is both a leadership challenge and a design problem, according to the report.
The role of operational leaders like the CIO, CISO, chief privacy officer, chief data officer is to design and weave trust into the flesh and bones of the organization through detailed policies, controls and playbooks.
In the case of a new mobile app or a new IoT device, for example-vetting users, verifying their identities, protecting the data they provide and generate on the app or device, using data for business intelligence or revenue generation, sharing data with business partners-all these should be set by policies, guarded through controls and governed through playbooks, the report stated.