TECH BUYER Apr 2020 - IDC Perspective - Doc # US46185920
Future of Trust: Defining Trust
By: Dominic Trott, Frank DicksonProgram Vice President, Cybersecurity Products, Pete LindstromVice President of Research, Enterprise / NextGen Security, James WesterResearch Director, Worldwide Blockchain Strategies, Ryan O’LearyResearch Manager, Privacy and Legal Technology, David ReinselSr. Vice President, Global Datasphere, IoT, Mobility, Security, Consumer, Semiconductors, Telecom, Client Computing and Imaging/Print/Document Solutions, Michael SubyResearch Vice President, Security & Trust, Simon PiffVice President of Security Practice
This IDC Perspective discusses the future of trust and provides the definition of trust. Trust enables decisions to be made between two or more entities that reflects a level of confidence both in terms of quantifiable risk and subjective reputation that that enable a transaction to occur for mutual benefit. The discussion of trust introduces a new vocabulary such as acceptable uncertainty and transparency at scale. Trust is an up-leveling of the security conversation to include attributes such as risk, compliance, privacy, social responsibility, and even business ethics These elements transform the conversation from what "must" a company do to prevent negative outcomes to what "should" a company do. Thus traditional approaches to security, risk, compliance, and privacy are facing challenges in both scope and scale.
"Trust is an up-leveling of the security conversation to include attributes such as risk, compliance, privacy, and even business ethics as digital transformation has magnified organization threat vector. However, trust is more than just about mitigating harm but also maximizing return, creating a differentiated impact on revenue, expenses, and shareholder value," Frank Dickson, program vice president, IDC's Security and Trust.
Asia/Pacific Security Opportunities: Trust and Resilience , Australia and New Zealand Digital Trust and Security , Canadian Security Market Forecaster , Canadian Security Solutions: Sales Accelerator , China IT Security Solutions , Cloud Security , Cybersecurity Analytics, Intelligence, Response and Orchestration , Data Security , Endpoint Security , European Blockchain Strategies , European Internet of Things Ecosystem and Trends , European Security Strategies , Future of Trust - Agenda , Identity and Digital Trust Software , Internet of Things and OT Security Products , Japan Multicloud Data Management and Protection (Japanese Version with Key English Language Reports) , Japan Security Products and Services (Japanese Version with Key English Language Reports) , Latin America Security Appliance Services 2020 , Legal, Risk and Compliance Solutions , Multicloud Data Management and Protection , Network Security Products and Strategies , Security Services , Video Surveillance and Vision Applications , Worldwide Blockchain Strategies