Building and maintaining digital trust can have a significant impact on a company’s growth and financial performance.
Despite the importance of digital trust, there is often a disconnect between what organizations claim about their security measures and their actual performance. Many organizations believe they are effective at mitigating digital risks, yet a significant number of them have experienced data breaches in recent years.
To establish and maintain digital trust, organizations should consider the following strategies:
1. Have a clear and easily understandable privacy policy.
2. Ensure that everyone in the organization is aware of security and data protection policies.
3. Use secure development practices if you’re developing software.
4. Adopt an information security framework to manage digital risk effectively.
5. Regularly measure the effectiveness of security and data protection policies through internal audits.
6. Ensure that contractors and third-party data processors comply with your security and data protection policies.
7. Foster a culture that values the detection and mitigation of vulnerabilities.
8. Prove to customers that your organization is secure through regular penetration tests and white-box security audits conducted by trusted independent providers.
By following these strategies and promoting a culture of security, businesses can build and maintain digital trust, which is crucial in today’s digital age. Digital trust not only safeguards customer data but also enhances a company’s reputation and reliability in the eyes of its customers.