What challenges does the chemical industry face in adopting digital risk protection, and how can these risks be mitigated?
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The chemical industry faces several challenges in adopting digital risk protection, such as cybersecurity threats, data privacy concerns, regulatory compliance issues, and the complexity of managing a vast amount of digital assets. These risks can be mitigated by implementing robust cybersecurity measures, conducting regular risk assessments, investing in advanced digital security technologies, providing employee training on cybersecurity best practices, ensuring compliance with relevant regulations, and establishing a comprehensive incident response plan.