The building blocks of trust
Establishing digital trust starts with technology and extends into processes and people. Leaders, Davis says, should consider how trust is embedded into every aspect of an operation. She favors a “by-design” approach to security and data privacy. “It means that every line of code, every open-source system that is integrated, every website that’s created, every app that is built—everything goes through a series of steps to make sure trust is baked in along the way, rather than bolted on at the end,” she says.
Companies must also remember to audit the practices of any third-party services and applications to ensure they’re not unwittingly importing vulnerabilities. Rigorous testing—including threat modeling, penetration tests and architecture reviews—helps companies ensure the steps they’ve taken to enable trust will be effective, Davis adds.
For leaders to build holistic frameworks promoting trustworthy data practices, experts like Kendzior and Davis believe transparency is essential. Internally, that can mean consistent communication around governance and best practices. Externally, companies can’t hide the ball. Commitments around privacy and security, as well as how data might be shared, must be clearly articulated and upheld. “Customers want to know exactly what you’re doing with their data,” Davis says. “It should be easy for them to find answers to their questions.”
Robust cybersecurity is also fundamental to establishing and maintaining digital trust. Tools including AI-powered managed detection and response can automatically identify and respond to threats. By employing adaptive network security architectures and models like zero trust network access, organizations can protect sensitive systems and data. Davis believes these steps—from engaging leaders across the C-suite to “by-design” processes to cybersecurity and data protection—can create durable frameworks promoting digital trust.
Companies will know when they’re getting it right. “Trust is gained when digital solutions do what they’re expected to do, and companies are clear about what they’re doing with data,” Davis says. ”The ultimate measure is the voice of the customer.”
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Originally posted on The Wall Street Journal, https://partners.wsj.com/comcast-business/powering-perspectives/why-digital-trust-matters-more-than-ever/