PwC’s Risk Assurance team is tasked with helping your organisation build digital trust, not only to survive in the digital world, but to thrive in it.
Your digital world is getting bigger. So is ours and every other organisations’. That’s why it’s important to look at what controls and processes your business has in place to protect and build digital trust.
Securing data, transactions and operations – even when you’re working beyond your own walls – is not just important from a compliance or legal standpoint; do it well and you have the foundation for developing trust among your customers, clients and stakeholders. The opposite is also true; one cyber attack can ruin a lifetime of goodwill, and many see the threat of being attacked as a matter of ‘when’, not ‘if’.
So, how do you not only survive but thrive in this ever-expanding digital world? It’s a complicated answer, but one in which better risk assurance controls and measures certainly play a part in determining.
PwC’s Risk Assurance team has a four-stage process to building your organisation’s digital trust:
With the chance of a cyber attack happening practically guaranteed throughout your organisations’ lifetime, the measures you use to defend against them are the ideal way of building digital trust. However, as the digital world continues to expand, trust may also be determined by how quickly you can respond should you fall victim to cyber crime.