Trust and safety

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Trust and Safety (T&S) is a term commonly used in the context of online platforms, communities, and services. It refers to the policies, practices, products and teams dedicated to ensuring that users can trust and feel safe while using a service or participating in an online community.

Trust plays a key role in the daily encounters with the internet, primarily because individuals and customers heavily depend on online technologies for their communicative and commercial engagements. [1]

One of the core objectives of trust and safety[2] is to ensure that a web portal or digital platform is a trusted, safe environment, where personal identity, data and virtual assets are protected.  

T&S helps achieve this by enforcing various measures and tools, such as policies and guidelines for what is an acceptable code of conduct/behaviour, monitoring data breaches and malicious or harmful activities, and by addressing incidents and cybercrimes quickly.

By investing in the trust and safety[3] of digital platforms, brands establish themselves, as safe and reliable online destinations, building strong relationships with their users,[4] thus, protecting their reputation.

Key services

Trust and safety encompasses a range of services, including:

  • Data security measures, such as encryption, secure storage, and restricted access controls protect user data from unauthorised access.
  • Content moderation[5] services involve reviewing content created by user-named user-generated content in the industry-and removing what is inappropriate, such as hate speech, misinformation,[6] graphic or video violence and any other non compliant materials
  • Cybersecurity solutions[7] like firewalls, intrusion detection and prevention systems, VPNs, antivirus software, and authentication solutions, eliminate the risk of hacking, data breaches, and other malicious activities.
  • Real-time monitoring, allows for quick and automated threat detection and prompt response to incidents.
  • Tools such as digital wallets, blockchain technology, MFA solutions, digital asset management platforms, or virtual asset recovery services enable the protection of virtual assets such as digital currency, in-game items, or other digital assets.The perceived level of trust by an individual plays a crucial role in strengthening the relationship between their behavioral intentions and actual usage, especially in the context of digital wallets. [8]

References

  1. ^ O’Neill, Brian (2012-10-01). "Trust in the information society". Computer Law & Security Review. 28 (5): 551–559. doi:10.1016/j.clsr.2012.07.005. ISSN 0267-3649.
  2. ^ "Digital trust: Why it matters for businesses | McKinsey". www.mckinsey.com. Retrieved 2023-03-08.
  3. ^ PricewaterhouseCoopers. "Trust and risks in the metaverse: 6 key considerations". PwC. Retrieved 2023-03-08.
  4. ^ "Safeguarding Social Media: How Effective Content Moderation Can Help Clean Up The Internet | Blog - Everest Group". Retrieved 2023-03-08.
  5. ^ PricewaterhouseCoopers. "The quest for truth: Content moderation". PwC. Retrieved 2023-03-08.
  6. ^ Cinelli, Matteo; Pelicon, Andraž; Mozetič, Igor; Quattrociocchi, Walter; Novak, Petra Kralj; Zollo, Fabiana (2021-11-11). "Dynamics of online hate and misinformation". Scientific Reports. 11 (1): 22083. Bibcode:2021NatSR..1122083C. doi:10.1038/s41598-021-01487-w. ISSN 2045-2322. PMC 8585974. PMID 34764344.
  7. ^ "Cybersecurity: how the EU tackles cyber threats". www.consilium.europa.eu. Retrieved 2023-03-08.
  8. ^ Khan, Waseem Ahmad; Abideen, Zain Ul (2023-09-04). "Effects of behavioural intention on usage behaviour of digital wallet: the mediating role of perceived risk and moderating role of perceived service quality and perceived trust". Future Business Journal. 9 (1): 73. doi:10.1186/s43093-023-00242-z. ISSN 2314-7210.