Digital Governance

Introduction:

This newsletter introduces Digital Governance, covering compliance, legal and ethical framework for cybersecurity, and cybercrime research and prosecution in different countries and cultures, among other topics.

Digital Governance discusses the legal response to cybersecurity and how the law can help fight cybercrime.

Companies often need more resources to establish a new digital framework in an accelerating environment of rapid technological advancements.

However, other ones' top management thinks it's okay not to be agile and innovative.

Hence, governance can slow things down because they may need more problems with their organization, tools, and processes, preferring to focus on their daily duties rather than reinventing the wheel. Their business mindset is like that.

When a company seeks to establish a framework for achieving digital business transformation, divergent perspectives will inevitably impede the process from the stakeholders.

Each stakeholder may want to change a part of the company's direction, controlling it, perhaps to gain more visibility, power, unknown interest, or even for pure ego and vanity. 

A digital transformation focusing on a company's vision and strategy fits some of its purposes.

A lack of clarity about who is responsible for decisions about content, design, information architecture, platforms, processes, data management, and more can stop any digital initiative.

With clarity around decision-making, the digital transformation journey can take less time and costs twice as much as initially anticipated.

Why should any company adopt and implement Digital Governance?

Successful companies, however, recognize the importance of enhancing decision-making processes, fostering collaboration, and ultimately enhancing the user experience. 

A digital governance framework and roadmap are essential for faster, smoother, and more effective workflows.

Digital development without Governance is bureaucratic and ineffective.

By clearly defining who is responsible for digital growth, organizations can avoid uncertainty in development.

However, this does not imply that non-decision-makers cannot provide input or offer new and innovative ideas. Including all relevant information heightens the organization's understanding of the decision-making process.

Digital Governance is a crucial part of making things happen.

Big data, artificial intelligence, machine learning, the Internet of Things, autonomous cars, smart cities, and chatbots are just a few terms that have become a part of our professional legal and political vocabulary.

The emergence of new technologies and technological advancements have impacted our daily lives and will continue to do so in the future.

People are constantly engaged in a global conversation, regardless of whether they are involved in online commerce, electoral participation, or social networking.

Technology is here to stay, and it is here to stay. Although these new technologies may be practical, they harm society and pose legal and political problems.

The positive impact of information technology on human life is undeniable. 

It enhances the quality of life, speed, and efficiency of human beings. But criminals use computers to commit cyber crimes. 

The framework for digital Governance is to establish accountability, roles, and decision-making authority for an organization's digital presence, which means its websites, mobile sites, social channels, and any other Internet and Web-enabled products and services.

A well-designed digital governance framework clarifies who on your digital team has decision-making power over these areas.

Who is responsible for determining the direction of digital initiatives?

The approach to using innovative IT solutions to cover business requests is outlined in a digital strategy.

A digital strategy is a subset of a business plan and consists of guiding principles and performance objectives.

When the roles and responsibilities are clear for each one, the digital governance framework gets robust and well-implemented by leadership.

Their organizations can look forward to a more productive work environment for all digital stakeholders and a higher-quality, more effective digital presence.

Digital policy: Who defines what an organization must and cannot do online?

Digital policies are guidelines that aim to mitigate risk and ensure that the organization's core interests are protected when conducting business online.

Consider policies as guardrails that prevent the organization's digital presence from going off the road.

Who decides what a company's digital portfolio should look like?

Standards describe the nature of an organization's digital portfolio. The objectives of these initiatives are to ensure optimal digital quality and effectiveness.

Cybercrime and Cybersecurity

This session presents the legal and ethical framework for researching and prosecuting cybersecurity and cybercrime in different countries and cultures. 

Computer technology boosts human life and makes it easier and more comfortable. It makes life easier, faster, and more efficient for humans.

Big data, artificial intelligence, machine learning, the Internet of Things, autonomous cars, ERPs (SAP, Oracle…), and chatbots are just a few technical solutions that have become a part of our professional legal and political vocabulary.

The emergence of new technologies and technological advancements have impacted our daily lives and will continue to do so in the future.

People are constantly engaged in a global conversation, regardless of whether they are involved in online commerce, electoral participation, or social networking.

Technology will be around for a long time. While these new technologies may be practical, they harm society and pose legal and political concerns.

Nowadays, the term cybercrime is well known and needs no introduction. It is a significant obstacle in the development of a country, negatively affecting members of society and reducing the country's economic growth.

Cybersecurity and digital compliance, regulation, and Governance have recently been in the news. The legal response to cybercrime and how enforcing the law to fight it has been challenging because it has become more common in the modern world due to information technology and the digital revolution. 

The main political concern in almost all countries today is the control and containment of cybercrime. There have been many attempts to define different types of cybercrime and how to find and prevent them. 

Cybercrime is the most damaging threat to IT activities, transactions, and assets. Unfortunately, some organizations seem insufficiently alert to detect, address, or protect against these threats. 

Cybercrime spread globally because of the revolution in information and communication technologies.

The rise in cybercrime threatens the core of society's growth, security, and Governance, and nearly every aspect of modern society focuses on the use of computers and the Internet. 

Computer and internet crimes can severely damage the progress of modern digital civilization and the continuity and survival of modern digital society. 

The new world of hyper-connectivity is bringing about social and cultural disorders, misinformation, confusion, and upheaval.

Recent legislation, regulations, and institutions have been enacted to safeguard the Internet and prevent cybercrime from causing global destruction. 

The rapidly evolving field of cybersecurity requires an in-depth understanding of the prevailing cybersecurity laws and regulations. 

Legal issues related to global regulations, regimes, and Internet governance are addressed alongside legal topics related to digital evidence, computer forensics, and cyber prosecutions and convictions. 

The Information Technology Act has been enacted in many countries to combat cybercrime. 

Cybersecurity includes the following disciplines but is not limited to:

• Computational Expertise. 
• Cybernetic process and convictions. 
• Social engineering. 
• Cybersecurity Laws.
• Cybersecurity Regulations. 
• Cyberware and Espionage. 
• Digital Evidence. 
• Global Cyber Regime. 
• Global Regulations. 
• Homeland Security and Defense. 
• Internet Governance. 
• Legal issues and challenges. 
• Cybercrime Techniques.
• Cybersecurity Best Practices.
• Hacking.

What are the best-updated compliance policies and practices mitigating cybercrime, lack of code of conduct, and cyberbullying?

The following are some best practices for implementing compliance policies to prevent cybercrime, lack of a code of conduct, and cyberbullying.

1. The government, organizations, and educational institutions should develop a robust cybersecurity policy that outlines the organization's approach to managing cyber risks, cyberbullying, and other crimes.
2. Consider providing regular security awareness training for employees to help them recognize and respond to potential cyber threats.
3. Set rules for what online behavior is acceptable, including regulations about cyberbullying and harassment.
4. Develop a code of conduct that outlines expectations for ethical behavior, including online behavior.
5. Check regularly to ensure your policies and procedures are up-to-date with the latest threats and best practices.
6. Conduct regular risk assessments, identify potential vulnerabilities, and develop mitigation strategies.
7. Put access controls and other security measures in place to limit who can access sensitive information and systems.
8. Establish procedures for incident response to ensure a rapid and effective response to cyber incidents.
9. All employees must know their responsibilities and accountabilities to comply with policies and regulations.
10. Regularly review and update policies and procedures to ensure they are up-to-date and safe.

What are the most common types of cyberbullying and cybercrime today?

The diverse grind of reported incidents reflects the prevalence of cyberbullying and cybercrime. The most common ones are: 

1. Harassment online can include sending threatening or abusive messages, derogatory remarks, or spreading false information about someone online. 
2. Cyberstalking involves using the internet or other digital communication tools to harass or intimidate someone.
3. Doxxing is publicly sharing someone's personal information, such as their name, address, or phone number, without their consent. 
4. Phishing attempts to trick someone into giving away their personal information, such as their username, password, or credit card number, by posing as a trustworthy entity in an electronic communication. 
5. Malware and hacking are methods of obtaining unauthorized access to someone's computer or mobile device to steal personal information or engage in other illegal activities. 

Cyberbullying and cybercrime can hurt both the victims and those who do it. On the other hand, if someone is experiencing cyberbullying or cybercrime, seeking help in reporting the behavior to the appropriate authorities is essential.

Is there any proven evidence that cryptocurrency is being used as a hidden cybercrime method?

The use of cryptocurrency for various criminal activities, such as money laundering, drug trafficking, and ransomware, has been documented in numerous instances. 

Since a lack of regulation and pseudonyms characterizes cryptocurrency transactions, they may challenge law enforcement agencies to establish a transparent and traceable trail. 

Cryptocurrency has been used by criminals to do illegal things on the Dark Web and other online platforms that can't be tracked. 

But it's important to note that cryptocurrency is not illegal by itself, and many legitimate businesses and people use it for financial transactions.

What are the punishments and penalties for cyberbullying and cybercrime?

Cyberbullying and cybercrime have different punishments depending on the country and severity of the offense. 

Some countries consider cyberbullying and cybercrime crimes that can result in imprisonment or fines. 

Other countries may seek civil penalties for cyberbullying and cybercrime, such as injunctions or damages. 

There are examples of punishments and penalties for cyberbullying. 

1. Criminal offenses such as cyberbullying can sometimes lead to imprisonment. The sentence length can vary depending on the severity of the crime and the country's laws. 
2. Fines for cyberbullying and cybercrime offenses can be substantial, depending on the nature of the crime and the applicable laws. 
3. Some courts may require the offender to do community service as punishment. 
4. Restitution: If the victim has been hurt financially or their reputation damaged because of cyberbullying or cybercrime, the offender may be asked to pay restitution to the victim. 
5. Electronic monitoring: In some cases, offenders may have to wear an electronic monitoring device to keep track of their movements and activities. 

Cyberbullying and cybercrime laws constantly evolve, and the punishment and penalties may change accordingly.

How much is the cybersecurity professional's high potential and promise to growth and well-paid?

A rapidly growing field with high demand for skilled professionals is cybersecurity. This field has a lot of potential to grow and pay well.

The Bureau of Labor Statistics (BLS) says that the median annual wage for information security analysts in the United States was $103,590 as of May 2020. 

It is much higher than the median annual wage for all occupations. Furthermore, the Bureau of Labor Statistics projects that the employment of information security analysts will experience a significant increase relative to the average for all occupations from 2020 to 2030. 

The increasing frequency and sophistication of cyberattacks and the growing reliance on technology in all aspects of business and society contribute to this. 

The high-growth potential and high demand for cybersecurity professionals contribute to highly competitive salaries. Factors such as country, industry, level of experience, and education can affect wages and job opportunities.

What is the potential to pursue a career in Digital Governance and Compliance?

It is essential to gain a thorough understanding of the responsibilities associated with digital governance and compliance. 

It is the process of ensuring that an organization's digital assets comply with regulatory requests and adhere to best practices. 

The growing importance of digital platforms and concern over data privacy and security have increased the demand for professionals specializing in digital governance and compliance. Some possible career paths in this field include: 

1. The digital compliance analyst ensures that an organization's digital assets comply with relevant regulations and standards. 
2. The Data Privacy Officer role is responsible for ensuring that an organization's data privacy policies and procedures comply with applicable regulations and best practices. 
3. Digital Governance Consultants: These professionals work with organizations to create and implement digital governance frameworks that meet relevant regulations and standards. 
4. The Compliance Manager role oversees an organization's compliance efforts across all areas, including digital compliance. 

Digital governance and compliance professionals are becoming increasingly important, and there is potential for a rewarding and lucrative career in these fields.

In conclusion, how critical are digital legal, regulatory, and governance to ensure a safe cybersecurity environment and platform?

Digital legal, regulatory, and governance are essential to ensure a safe cybersecurity environment and platform.

The organization establishes standards and regulations to protect individuals and organizations from cyber threats, establishes a framework for accountability in case of a breach or attack, and ensures compliance with ethical and legal principles.

These measures are necessary to protect the cybersecurity environment and platform from cyberattacks and exploitation.

How to safeguard the business from cyber-attacks?

There are several methods for ensuring the security of your business against cyberattacks.

1. Set up two-factor authentication: Use strong passwords and two-factor authentication whenever you can.
2. Make sure that software and operating systems are protected against known vulnerabilities by regularly updating them.
3. Install and maintain antivirus and anti-malware software on all devices used for business purposes.
4. Establish a continuous education and training culture to ensure your workforce knows the latest cybersecurity trends.
5. Protecting your network from unauthorized access is crucial, using firewalls and other security measures.
6. All indispensable data should be backed up regularly and stored off-site.
7. Watch for suspicious activity on your network and devices and act if needed.

These measures will significantly reduce the risk of a cyberattack on your business.