OECD: CEOs and governments should treat digital security as an economic risk

A global, interconnected, open and dynamic digital environment brings considerable business and economic opportunities – and holds even more promise as the Internet of Things and Big Data become pervasive. But countries and businesses are increasingly exposed to digital security threats that are growing in both number and sophistication.The OECD Recommendation on Digital Security Risk Management calls on leaders and CEOs in the public and private sectors to take specific responsibility for digital security and integrate it into their overall risk management process, rather than treating it as a technology matter. It recommends that countries adopt national plans to identify measures to prevent, detect, respond to and recover from digital security incidents.

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