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Why Zero Trust Security Model has become top priority for leading companies.

July 05,2021 by Content

Why Zero Trust Security Model has become top priority for leading companies.

Businesses today operate much differently than they did just a few short years ago. Employees, devices, even applications are no longer locked away inside of the corporate perimeter. They’re on the web and on the go. Providing security for a new breed of anytime, anywhere workers and cloud-based applications requires a novel approach.

Organizations are increasingly turning away from solutions that secure the perimeter and then trust everything inside and are instead moving to a zero-trust security model to protect sensitive resources and data. Under the assumption that every user, request, and server is untrusted until proven otherwise, a zero trust solution dynamically and continually assesses trust every time a user or device requests access to a resource.

Traditional IT network security is based on the castle-and-moat concept. In castle-and-moat security, it is hard to obtain access from outside the network, but everyone inside the network is trusted by default. The problem with this approach is that once an attacker gains access to the network, they have free reign over everything inside.

Days of VPN and traditional IT Security are gone.

Recent analysis from security firm CyberArk revealed that 97% of senior-level security executives stated that cybercriminals are trying to steal one or more types of credentials. Some key findings were:
• The most widely reported group facing increased attacks is end-users – including business users with access to sensitive data. A majority of respondents (56%) report such users as being increasingly targeted by attackers.
• Attacks are also on the rise against senior leadership (48%), third-party vendors and contractors (39%), and DevOps and cloud engineers (33%).
• Widespread increases in credential theft attempts were reported for personal data (70%) and financial systems and data (66%). This is clear evidence of attackers’ interest in gaining high-value access – access to highly sensitive systems that are often held by end-users rather than administrators.

Zero Trust security model is essential because it recommends a strict identity verification process in an organization. The model’s security benefits deliver considerable business value: greater enterprise visibility, reduced IT complexity, less demanding security workloads, data protection, a superior user experience, and support for cloud migration.

Security and business benefits afforded by the enterprise’s adoption of zero trust.
• Protect Your Customers’ Data and Your Business – Allowing private and confidential customer data to fall into the wrong hands can have serious consequences for both your customers and your business. Impacts include:
– Disruption for customers
– Reputational damage
– Loss of intellectual property
– Financial loss and fines
• Reduce time to breach detection — and gain visibility into your enterprise traffic
• Reduce the complexity of the security stack
• Solve the security skills shortage
• Deliver both security and an excellent end-user experience
• Facilitate the move to the cloud

What the experts say..

“Enforcing an effective zero trust solution — ensuring that only authenticated and authorized users and devices can access applications and data — will help to mitigate data exfiltration, preventing many of these negative consequences.”

With zero trust cybersecurity solutions, organizations can not only obtain the security they need to protect their resources and data in today’s distributed organization, they can also realize substantial business benefits. In addition to improving visibility across the enterprise and reducing time to breach detection, enterprises can also reduce the complexity of their security stack, minimize the impact of the security skills shortage, and protect customer data to avoid reputational damage and significant financial losses.
Simultaneously, businesses can improve the user experience and facilitate migration to the cloud through the adoption of a zero-trust security architecture.

To learn more about how a zero trust model can benefit your business, improve perimeter less enterprise operations, and bolster your organization’s security posture, visit www.advancedtraining.com.au

 

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