Buried in a generally optimistic business outlook based on a survey released this week by PwC at the annual World Economic Forum (WEF) conference on Davos, Switzerland this week was a startling admission that IT security professionals should take special care to note. The global survey of 1,379 CEOs finds that a 69 percent said in a digital economy it’s difficult to gain and keep people’s trust. A total of 91 percent said data privacy and ethics issues are likely to impact those levels of trust in the next five years. As digital business initiatives start to drive corporate strategies many business professionals will need to change their approach to IT security. Historically, IT security was viewed as a cost of doing business that from an expense perspective needed to be minimized. … [Read More...]
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