Digitization without the use of modern technology? Unthinkable! With the advent of cloud computing, the Internet of things and data mobility, industrial applications are linked to everyday life at a tearing pace. It seems almost magical that we can practically access the entire wealth of human knowledge through devices that fit into our pockets. Similarly, with a few clicks we have items delivered to our door step that were produced on the other side of the world. So far so good. However, no one seems to care that the technology structures of the digital world are rather wobbly and unsafe.
Avoiding digitization blind flights
The wooden digital framework is prone to a variety of security gaps. These may stem from badly written software. It is well known that programmers make mistakes. However, it is not uncommon for the IT management of German corporations to consciously or subconsciously steer towards unknown risks. It does not forebode well for a digitized economy when German corporations expose themselves to the danger of cyber attacks completely unprotected at times.
Digital carelessness in German corporations
The lack of initiative of many companies when it comes to protection from cyber attacks is fatal. This is the opinion 85 percent of IT decision makers according to a study conducted by us. The fact that it is primarily members of management boards and CEOs who trivialize the dangers of cyber attacks is difficult to understand given the liability risks. Yet companies are certainly aware of digital vulnerabilities. At the same time, it is foreseeable that the dependence on digital systems will continue to grow exponentially. It is simply not possible to maintain a high speed of innovation while lowering IT costs at the same time.
Adjusting investments in digital security to the speed of innovations
But how can we transform a wooden structure ino a steel frame? Companies should err on the side of caution when advancing the digitization and automation of processes. This includes promoting the introduction and implementation of a company-wide IT security strategy, which delineates the key aims of information security and its implementation principles. In addition, the IT security strategy should incorporate trends and new technologies. This should happen on a constant basis. The IT department must be allowed to present a security concept to specialized departments prior to the “go live” of any application or IT system. In addition, the use of secure programming languages can prevent security-related programming errors. Penetration tests for applications and IT systems, for example after a release update, are another important security feature.
Digital excellence founded on digital security
The digitization of the economy creates new extensive challenges to the digital security of companies. Cyber attacks on IT infastructures are increasingly complex and professional. And they happen on a daily basis. Defense measures can be very laborious and time consuming. But they are important and necessary. Soliciting IT departments and boards of management to operate slower yet at the same time digitally more secure may not be trendy, but it is definitely the better approach in the long run.
Follow the link to a comprehensie management compass on the topic of “digital security”.