The time has come for Zero Trust
In this era of pervasive digital technologies where devices and machines are always on, organizations are entering into a period of unprecedented change.
These technologies change the way organizations work, communicate, and engage with customers and partners.
While going digital has been accepted as an absolute necessity, the recent pandemic has changed the outlook of things.
Just as organizations were contemplating the idea of Zero Trust, it’s much more necessary now with the pandemic forcing more ‘work from home’ options. With no clear indication that the pandemic will end anytime soon, it is time for organizations to invest in Zero Trust.
Zero Trust cybersecurity is so named because it trusts no one in the organization, be it the CEO or the newest employee in the chain.
Users are authenticated every time they access applications or data with biometrics, texts, and other methods to ensure the user accessing the system has the proper log-in credentials. Therefore, it constantly hunts for any threats to the data that is stored.
One of the foundations of Zero trust is the classification of data, application, and assets based on their business sensitivity. Once data are classified, then Zero Trust policies are built around it.
One of the common methods is Multi-factor Authentication, where more than two factors are used to verify a user’s identity. While many organizations have resorted to Multi-factor authentication security methods, they have not paid much attention to data protection.
However, it is a data-centric zero trust framework that can provide a solid shield against data breaches and advanced cybersecurity threats.
According to security reports, as much as 8.4 billion records have been compromised in the first quarter of 2020 and this is a 213% increase when compared to data breaches in the first quarter of 2019.
To read more about 10 biggest data leaks in 2020 read our previous blog “10 Data Leaks that have cost even Fortune 500 companies a fortune”
Data-centric security is evolving rapidly as enterprises increasingly rely on digital information to run their businesses and big data projects have gained momentum. Therefore, we can say that data-centric security is at the heart of the Zero Trust framework.
Also Read: Zero Trust will be the new normal
Microsoft recently conducted a new poll of 800 businesses and found that 58% of organizations increased security budgets, while 82 % plan on adding new security staff.
The number one challenge reported by security leaders was providing secure remote access to resources, apps, and data. This clearly shows that an alarming number of businesses are impacted by phishing scams, data leaks, and other security threats due to COVID-19.
The top security investment made during the pandemic was Multi-Factor Authentication.
Many organizations that leaned heavily on perimeter security are now realizing that it is high time for them to make a paradigm shift to Zero Trust.
The survey noted that due to growth in remote work, 51% of business leaders are speeding up the Zero Trust capabilities.
One interesting factor to note is that while the pandemic has created a challenging situation for many companies and they need to beef up their cybersecurity with Zero Trust they also need to keep their budgets in check.
40% of businesses are resorting to cloud investments while 28% are investing in Data and information security.
Thus, we can clearly see that organizations are moving towards a Zero Trust journey. Where it was once an option, Zero Trust has become a priority.
The Zero Trust architecture will become the industry standard of the future. It is now or never for organizations to invest in a data-centric Zero Trust solution.
Leading the market of Zero Trust Solutions is Microsoft’s Office 365 and AIP (Azure Information Protection). SECUDE has partnered with Microsoft and SAP to provide Zero Trust for data extracted from SAP systems.
SECUDE’s HALOCORE protects data with automated classification, blocks unauthorized reports, and provides detailed access policies.
SECUDE’s HALOCAD supplies the add-in software to the major CAD vendor’s products to be compliant with Zero Trust Methodology.