Trust has evolved thanks to the digital age. Traditional trust has changed in an increasingly interconnected world and is no longer merely based on a person’s experience and reputation.
As digitization increases and technologies evolve, establishing digital trust is essential. Our new white paper defines the term, its challenges and overall benefits.
Digital trust is given to organizations that prove they provide reliability, creditability, security and privacy, as well as data ethics with their online programs and devices. When a person or organization chooses an entity’s product or service, they confirm their trust.
This symbiotic relationship separates dependable services from harmful ones, helping the engager differentiate between secure and insecure organizations. Digital trust creates and nurtures the bond, and assures stakeholders that the service is safe, secure and reliable.
Organizations must gain digital trust to digitally enhance themselves and grow customer confidence. The more digital trust an organization has, the greater the chance it will gain more users.
Consumers consider trust more than ever when purchasing a product or service, actively looking for ways to ensure they use the best sources. This is forcing organizations to examine and evolve how they function and produce services or devices with better security and reliability.
The pursuit of trust is driving a digital transformation. Companies are beginning to focus on privacy management and cyber risks and are including privacy and security staff in planning and budgets.
Digital trust expedites the process of customers finding and choosing dependable digital services. Unreliable choices are falling behind.
As organizations and consumers continue to embrace cutting-edge technologies, from the internet of things (IoT) and Industry 4.0 to artificial intelligence (AI) and automation, cyber threats are evolving and becoming more frequent. They not only affect the targeted enterprises but also their business partners, suppliers and customers.
Furthermore, as consumers share more personal data online with different businesses, they are at greater risk while the importance of their confidence in these companies increases.
To keep pace, organizations, individuals and nations must implement the latest protection measures to avoid hackers, data loss, lawsuits and reputational damage, among other issues. Our paper explores innovative technologies, such as AI, alongside crucial security measures, including information security (InfoSec) and cybersecurity, to protect your organization from nefarious actors.
Finally, we summarize our digital trust assurance services, including key standards and processes like business continuity. We place a key standard under the spotlight in each area – information security and cybersecurity, privacy protection, AI, business continuity and cloud security, as well as detail our other services.
This is but the executive summary from our new Digital Trust Assurance white paper. Download the whole document here.
About SGS
SGS is the world’s leading Testing, Inspection and Certification company. We operate a network of over 2,500 laboratories and business facilities across 115 countries, supported by a team of 99,500 dedicated professionals. With over 145 years of service excellence, we combine the precision and accuracy that define Swiss companies to help organizations achieve the highest standards of quality, compliance and sustainability.
Our brand promise – when you need to be sure – underscores our commitment to trust, integrity and reliability, enabling businesses to thrive with confidence. We proudly deliver our expert services through the SGS name and trusted specialized brands, including Brightsight, Bluesign, Maine Pointe and Nutrasource.
SGS is publicly traded on the SIX Swiss Exchange under the ticker symbol SGSN (ISIN CH1256740924, Reuters SGSN.S, Bloomberg SGSN:SW).
