Security News > 2021 > October > Organizations putting security and compliance at the forefront to strengthen trust perceptions

Organizations putting security and compliance at the forefront to strengthen trust perceptions
2021-10-07 04:00

Organizations are more frequently embedding trust metrics into their request for proposals to ensure that potential vendors can also be trusted ecosystem partners.

Trusted ecosystems help improve an organization's brand, reputation, and strengthen trust perceptions, which, in turn drive stronger business performance.

Survey data from International Data Corporation ranks security and compliance as the top considerations for organizations seeking to be perceived as a trusted ecosystem partner.

A strong security posture helps organizations to maintain compliance with legal regulations, mitigate increasingly sophisticated cybersecurity risks, protect against financial risk, and respond to external threats, such as natural disasters.

Compliance ranked second globally, but in Asia/Pacific - unlike the U.S. and EMEA - it was the highest ranked trust consideration.

"As we talk to organizations about trust metrics, we are finding that most metrics or scorecards target three areas - security, compliance, and customer," said Amita Potnis, research director, Future of Trust at IDC. "Organizations will increasingly embed these trust metrics into their RFPs as they look to build trusted ecosystems that can strengthen trust perceptions and improve brand reputation."


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