Swiss companies are underestimating the cyber risks associated with the Internet of Things. They are still not working together enough on digital security and lack a complete understanding of the threats involved, as illustrated in KPMG’s latest study, “Clarity on Cyber Security”.
The Fourth Industrial Revolution is seeing an incredible increase in both digitization and the digital integration of products and parts of the value chain. So how can companies optimize their processes and protect their data in a time when everything is part of an integrated network?
Now, amid worldwide digital transformation, Switzerland’s task is to create a framework of conditions that ensure it remains a top, competitive business location. The question is, which framework conditions will make or break Switzerland as a competitive business location in a world where the Fourth Industrial Revolution is becoming a reality?