Intelligent CIO Europe Issue 27 | Page 84

///////////////////////////////////// FINAL WORD Securing Digital Transformation success: A four step guide To think that Digital Transformation will mean avoiding cyber risks is naive and we need to turn our attention to how we manage the risks presented to us as a result. Chris Miller, Regional Director – UK & Ireland at RSA Security, suggests four strategic steps to help manage digital risk. D igital Transformation is impacting every industry. It is helping companies to create new and improved customer experiences, deliver new products and services, optimise operations, reduce costs and ultimately increase margins. On top of this, we are seeing new business models emerging, such as the gig economy, along with dynamic new partnerships that expand business borders. We are assured at every turn that the possibilities are endless – sounds great, right? There are always two sides to every story. Digital Transformation is increasing the complexity of the IT ecosystem, creating a web of interdependencies between internal and external stakeholders and supply chain parties, increasing third-party risk. Add to this the huge pressure to be first-to-market and unprecedented need for speed, our increasing reliance on data and technology, and the disappearance of the perimeter, and you have a potent cocktail of digital risks. In this context, it is vital that organisations fight fire with fire by creating a strong digital risk strategy that will help Digital Transformation become a success. As the game gets harder, we need to get smarter Managing digital risk is harder than ever, because digital ecosystems have become so much more complex. Once upon a time, you 84 INTELLIGENTCIO www.intelligentcio.com