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Managing Risks in Digital Transformation

Managing Risks in Digital Transformation

By : Ashish Kumar, Shashank Kumar, Abbas Kudrati
4.6 (9)
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Managing Risks in Digital Transformation

Managing Risks in Digital Transformation

4.6 (9)
By: Ashish Kumar, Shashank Kumar, Abbas Kudrati

Overview of this book

With the rapid pace of digital change today, especially since the pandemic sped up digital transformation and technologies, it has become more important than ever to be aware of the unknown risks and the landscape of digital threats. This book highlights various risks and shows how business-as-usual operations carried out by unaware or targeted workers can lead your organization to a regulatory or business risk, which can impact your organization’s reputation and balance sheet. This book is your guide to identifying the topmost risks relevant to your business with a clear roadmap of when to start the risk mitigation process and what your next steps should be. With a focus on the new and emerging risks that remote-working companies are experiencing across diverse industries, you’ll learn how to manage risks by taking advantage of zero trust network architecture and the steps to be taken when smart devices are compromised. Toward the end, you’ll explore various types of AI-powered machines and be ready to make your business future-proof. In a nutshell, this book will direct you on how to identify and mitigate risks that the ever- advancing digital technology has unleashed.
Table of Contents (22 chapters)
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1
Part 1: Invisible Digitization Tsunami
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2
Chapter 1: Invisible Digitization Tsunami
7
Part 2: Risk Redefined at Work
16
Part 3: The Future

Summary

I think by now you must realize that what I am sharing with you here is no longer science fiction. You may also be thinking that if digital humans, humanoids, digital avatars – which, in the metaverse, can be called a more intelligent you – chatbots, and converged networks with 5G and 6G come into play and mix with physical reality, it’ll become next to impossible to differentiate between what’s real and what’s virtual. While professors and inventors across the globe are busy researching and writing algorithms to inject emotions into machines, only time will tell how this will evolve over the coming years. It’s currently uncertain whether the impact work beings will have on society will be similar to the impact social networks have had on society. The effects are yet to be determined. In any case, the goal is for machines to interact with humans in a friendly and engaging way, creating memorable experiences for both human beings and...

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