If the world is more digital, then the way to reinstate trust is to de-risk the path to digital. “I believe it is the perfect opportunity to take trust head on and be the force that reinstates trust in a world that is getting a little fractured. Although volatility usually means there is some reluctance to make bold moves, which tends to slow down the formation of new markets, he said that now is the time to act. Observing that there is currently an overall erosion of trust globally, Ghai described the business climate as “a little volatile”. We have made the investment and the yield of those investments will come in the next few years, but it is early days,” said Ghai, adding that RSA Security feels well-positioned and is betting on the hypothesis that the digital risk management market will be an “attractive and vibrant” one. “We are moving in the direction of a digital native platform served from the cloud. The investment in developing the company’s digital risk management capability is mainly in building a digital risk platform. “That is why we feel RSA is uniquely positioned to serve customer needs in this area because we have a leadership position in those two areas,” he said. RSA Security recognises that managing digital risk is a promising nascent market, and it is investing in an effort to get a head start and a first-mover advantage, but Ghai believes that RSA Security already has competencies in the key areas of integrated risk management and cyber security. “Companies understand that embracing digital technologies entails risk because they are grappling with it, and we are getting a lot more resonance with the managing digital risk approach than we did with business-driven security,” he said. “In any journey to the digital future, there is risk along the way, and we believe digital risk will be the largest facet of risk going forward, so we want to help customers manage it with a business-driven approach because this is a business issue, not a technology issue,” he said.Īccording to Ghai, RSA Security does not have to explain the concept of digital risk. While parent company Dell Technologies continues to power the digital transformation of companies, the mission and purpose of RSA Security has evolved to helping customers manage digital risk, he told Computer Weekly on a recent visit to London ahead of RSA Conference 2019 in San Francisco.
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