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How to de-risk your digital ecosystem

February 28, 2023

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Companies rightly see much promise for future revenues and productivity by building and participating in emerging digital ecosystems — but most have not given enough consideration to the risks and threats inherent in such ecosystems. According to the TCS Risk & Cybersecurity Study, cyber threats within digital ecosystems may be an enterprise blind spot.

Digital ecosystems are dynamic, agile, interactive, borderless, multimodal, and decentralized. They often have multiple gatekeepers and participants. In short, they represent a target-rich environment for hackers and digital criminals seeking to steal or exploit sensitive data or disrupt operations. Are organizations aware? Do they know the potential costs? Most aren’t and don’t: In many industries, efforts to revamp security procedures, institute new policies and technologies, and close gaps are uneven, poorly supported, and poorly designed.

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