KPMG has released a report that outlines three essential steps that can help companies face a new era of challenges in the hyperconnected world, based on the principles of digital trust. The survey also presented three questions that can transform the efficiency and security of the digital ecosystem in a changing environment.
“As the world embraces the power of digital technologies, organizations face the need to manage interdependencies. The spread of smart products and information and operational technologies, combined with an expanding threat landscape, evolving regulatory requirements and dependence on supplier networks, makes the need for cyber resilience across all ecosystems paramount,” says Leandro Augusto, KPMG’s cybersecurity and privacy partner in Brazil and South America.
The three main essential steps of ecosystem thinking are as follows:
1st step – Resilience in the digital age requires an integrated approach: Companies must have a complete view of their own system, as they are not autonomous entities and are part of interconnected networks that can cross sectoral boundaries and provide new opportunities for innovation, efficiency, growth and digital collaboration.
2nd stage – A collective and long-term strategy is essential: driven by the need to share information, trust technologies, such as those that enhance privacy and blockchain, enable and encourage collaboration between ecosystem partners, which will benefit the organizations involved.
3rd step – Digital trust is the foundation of a cyber-resilient ecosystem: provides planning accurate and compelling and highlights the need to enhance adaptability and resilience across digital networks. Reliance on a common framework and language fosters collaboration, consistency, and trust while strengthening system defenses against threats.
“As digital dependencies proliferate, cybersecurity expenses are on the rise. This calls for a paradigm shift to a modern perspective that transcends conventional approaches to securing interconnected environments. Organizations must focus on becoming resilient through a collective approach, in addition to keeping individual organizations secure. Visionary cybersecurity leaders must define long-term strategy with partners and build trust on a personal level by leveraging the potential of technologies,” said the partner.
The three fundamental questions are as follows:
1. How does the organization use digital trust to strengthen resilience and mitigate new risks in third-party relationships and the broader supply chain?
2. What are the expectations of customers and other stakeholders regarding digital trust and how do you meet them today and in the future?
3. How can digital trust serve as a key differentiator and improve brand reputation in regions or industries where trusted solutions are the norm?
The link to access the study is as follows: Link
About KPMG
KPMG is a global network of independent firms that provides professional audit, tax and advisory services. It is present in 143 countries and territories, with 270,000 professionals working in member firms worldwide. In Brazil, there are more than 5,000 professionals, distributed in 15 cities in 10 states and the Federal District.
Guided by its purpose of empowering change, KPMG is a leading company in the segment in which it operates. It has been sharing value and inspiring trust in the market and communities for over 100 years, transforming people and companies and generating positive impacts that contribute to the achievement of sustainable transitions in clients, governments and civil society.
