The geopolitical disruption over the past years has brought into question the extent to which EU organizations are dependent on digital services provided by third countries. This session looks at the risks that this poses and approaches to managing these risks.
The term digital sovereignty is often misunderstood. To some, it implies retreat, the construction of digital walls, or an attempt at complete self-reliance. To others, it is little more than a slogan, invoked to justify regulatory ambition without material consequence. Both readings are mistaken.
The benefits of globalization and free trade have brought many benefits through lower costs, as well as improved products and services, but the global nature of the digital economy has created new risks. Organizations have become dependent on digital services for a just in time approach to everything from commerce to manufacturing based on. This creates risks to business resilience as well as the confidentiality of data.
This presentation will describe these risks and how to manage them. Key takeaways:
- Digital Sovereignty: What It Is and What It Is Not.
- Digital sovereignty risks impact more than cloud and privacy
- Four critical risks from digital globalization.
- EU Sovereignty framework
- Organizational approaches to mitigating digital sovereignty risks
