Centenial Celebration

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Date: March 29, 2024 Fri

Time: 1:27 am

Results for digitalization

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Author: Rademaker, Michel

Title: Dutch Investments in ICT and Cybersecurity: Putting it in Perspective

Summary: Digitalization has taken a predominant role in our everyday lives. The advent of networked technology has spurred innovation, cultivated knowledge, encouraged free expression, and increased our economic prosperity. The digital economy today permeates through different domains of the world economy, ranging from sectors such as banking and retail, to education and healthcare. The opportunities offered by the digital revolution and new technologies are regarded as the single most important drivers of innovation, competitiveness, and consequently, economic growth. The Netherlands considers itself one of the leading ICT countries, promotes itself as 'a safe place to do business' and aspires to be the digital gateway of Europe. But are we investing enough to match these ambitions and manage the risks? In the advisory report presented to Dutch Prime Minister Rutte, Herna Verhagen, CEO of PostNL, urges the Dutch government, companies, and households to invest 10% of their annual ICT budget in cybersecurity. In her analysis, Verhagen presents a compelling overview of the current cyber threats, challenges and opportunities, and sets an ambitious goal, but does not provide any measureable benchmarks for the 10% norm, nor any insight into the current state of Dutch cybersecurity investments. This report will first estimate the current and prospective size of the Dutch digital economy and the ICT sector, and later analyze how much the latter contributes to the national economy. Next, we provide a holistic overview of the current level of public and private investments in cybersecurity, followed by an analysis estimating the Dutch cybersecurity market by comparing different studies. Finally, the report gives an overview of the current state of affairs of awareness, education, and scientific research pertaining to cybersecurity in the Netherlands. In the conclusion, we present the most important findings and assess how advanced the Netherlands is compared to the recently proposed norm that suggest governments, businesses and citizens alike should invest 10% of their ICT budget in cybersecurity.

Details: The Hague, Netherlands: Centre for Strategic Studies, 2016. 47p.

Source: Internet Resource: Accessed January 20, 2019 at: https://www.thehaguesecuritydelta.com/media/com_hsd/report/123/document/HCSS-Dutch-Investments-in-ICT.pdf

Year: 2016

Country: Netherlands

URL: https://hcss.nl/report/dutch-investments-ict-and-cybersecurity

Shelf Number: 154275

Keywords:
Cyber Threats
Cybercrime
Digital Economy
Digitalization
ICT
Technology