- In addition, Japan will counter efforts intended to prevent the healthy development of cyberspace in cooperation with our ally, like-minded countries, and private organizations, and play an active role to ensure “a free, fair and secure cyberspace” globally, in a way that contributes to Japan’s national security. 4 Policy approaches toward achieving the objectives - The following are targets and guidelines of the policies to be implemented in the coming three years based on the understanding of issues discussed in the preceding sections, with the aim of achieving the objectives set forth in the Basic Act. 4. 1 Enhancing socio-economic vitality and sustainable development—Advancing DX with Cybersecurity -Japan’s society and economy must achieve digital transformation accompanied by various innovative changes in order to achieve the vision of creating “a society where people can choose services that suit their needs and realize diverse forms of happiness through the use of digital technology.” - As the opportunities and impacts brought by digital transformation affect all stakeholders without exception, they must be aware of DX with Cybersecurity, and related initiatives must be advanced in all respects. - These initiatives include efforts to raise the awareness of executives and other members of the economy and society, as well as improving literacy. In addition, from the perspective of advancing the independent efforts of each stakeholder, we will also pursue initiatives to promote DX with Cybersecurity among local communities and small and medium-sized enterprises (SMEs), and build a foundation for securing the trustworthiness of value chains. 4. 1. 1 Raising executive awareness - The impact of COVID-19 accelerated the shift toward digitalization. Going forward, it will become important for companies to have a foundation for creating digital services with higher added value in order to remain competitive. - It is assumed that executives must understand both digitalization and cybersecurity measures as basic skills and knowledge for management and basic matters underpinning core operations and revenue. As such, they must take full ownership and seek to achieve them both simultaneously. Cyber risks will no longer serve as an excuse for not working on digitalization. - We will work to promote practices such as ascertaining risks and disclosing corporate information by ensuring that efforts to strengthen cybersecurity in line with digitalization are visualized through the practice of digital management guidelines and use of tools so that investors and other stakeholders who value sustainability will be aware of them, and also by offering incentives for such efforts. 12