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Public trust is key for the healthy digital transformation of societies. While technological innovation brings many benefits, including new means of deriving economic value, related risks need to be addressed. These include new forms of cybercrime, data privacy vulnerabilities, and the erosion of digital trust in both developed and developing economies. To successfully transition to a digital economy, governments should foster public-private collaboration that informs the design of secure, responsible, trusted, and culturally-relevant digital technologies. Related data policies, protocols, and partnerships should all be co-shaped among stakeholders. Public trust is key for the digital transformation of societies; to develop a truly digital identity, governments should therefore implement the right mechanisms to win trust and enhance cooperation through effective governance frameworks. With the appropriate policies, regulation, trust-based partnerships, and cyber resilience approaches, governments can readily unlock new value and enable a safe environment for properly seizing digital opportunities. In this regard, there is ample room for governments to increasingly partner with the private sector to build digital ecosystems that are designed securely, yet boldly, in order to drive innovation, foster greater technology adoption, and create a secure environment that fosters both privacy and collaboration - in a world that has been steadily moving towards worsening fragmentation. Priorities for collaboration: -Adopt an ecosystem-wide collaboration approach to strengthen cyber resilience, disrupt cybercrime, and reduce harm online; -Assess how digital technologies and platforms are shaping the online information environment without creating unintended consequences; -Cultivate trustworthy data stewardship by building collaborative ecosystems; accelerate adoption of tools that generate insights without exposing underlying raw data.

Trust, Security and Protection

KEY TRENDS

Network Economy