Digital Threat and Vulnerability Management: The SVIDT Method

Roland W. Scholz
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Roland W. Scholz: Department of Knowledge Management and Communication, Faculty of Business and Globalization, Danube University, 3500 Krems, Austria

Sustainability, 2017, vol. 9, issue 4, 1-26

Abstract: The Digital Revolution is inducing major threats to many types of human systems. We present the SVIDT method (a Strengths, Vulnerability, and Intervention Assessment related to Digital Threats) for managing the vulnerabilities of human systems with respect to digital threats and changes. The method first performs a multilevel system–actor analysis for assessing vulnerabilities and strengths with respect to digital threats. Then, the method identifies threat scenarios that may become real. By constructing, evaluating, and launching interventions against all identified digital threats and their critical negative outcomes, the resilience of a specific human system can be improved. The evaluation of interventions is done when strengthening the adaptive capacity, i.e., a system’s capability to cope with negative outcomes that may take place in the future. The SVIDT method is embedded in the framework of coupled human–environment systems, the theory of risk and vulnerability assessment, types of adaptation (assimilation vs. accommodation), and a comprehensive sustainability evaluation. The SVIDT method is exemplarily applied to an enterprise (i.e., a Swiss casino) for which online gaming has become an essential digital-business field. The discussion reflects on the specifics of digital threats and discusses both the potential benefits and limitations of the SVIDT method.

Keywords: digital revolution; vulnerability analysis; resilience management; sustainability evaluation; strategic planning (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (10)

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