Global challenges like the COVID-19 pandemic have forced organizations to take transformative measures to improve digital and online security. Thanks to the intelligent techniques the companies are developing to protect themselves against cyberthreats. In fact, while most agencies have experienced significant revenue losses due to the pandemic, they are continuously investing in cloud security and other digital transformations.
Some measures the companies are working on include improving third-party access to their assets while also leveraging cloud storage. Yet, cybercriminals are also advancing their techniques to catch up with these intelligent moves. This has led to increased cyberattacks on the company’s assets and cloud facilities. But a critical issue to note is that most victims of these activities are not adequately protected, which exposes them to severe digital security challenges.
Research on cyberattacks indicates the biggest victims of such unfortunate acts include end-users with access to sensitive data. Also, these attacks are rampant on a particular segment of users like third-party vendors, senior leadership, cloud engineers, and so forth. Credential theft of personal and financial systems’ data, has risen by 70% and 66%, respectively. This shows overwhelmingly that the attackers are highly interested in accessing high-value assets like sensitive systems and data.
And this brings the need for organizations to embrace the best security technique to protect themselves. One of the modern-day methods proven to be useful is the Zero Trust; a model aimed to secure privileged access to critical data in a company. But what are the reasons organizations should implement the Zero Trust approach despite all the other available methods?
The Zero Trust model seriously advocates for robust identity security like verification in organizations. One of the issues it addresses is for only authorized users and devices to access the company’s services, applications, and any form of critical data. Not only that, but this highly recommended technique protects users and organizations against online threats. On this note, embracing the Zero Trust model is a modern-day requirement for all organizations. This is especially critical regarding the demand for digital network security and digital advancements.
Today, more than ever, a significant number of security leaders are prioritizing the Zero Trust model to revolutionize their systems and improve data security. The most crucial concern most users and organizations can bring forward is why Zero Trust is the ultimate cyberattack solution. And this is answered by the many respondents who made observations after using the model. Nearly 88% of users upheld the need for security leaders to adopt the Zero Trust since it is a highly beneficial method. Other users also connoted the security setbacks they are hoping the Zero Trust model will solve.
For successful implementations, 45% of the respondents want the Zero Trust approach to major in Identity and Access Management (IAM). Another field of concern is the just-in-time access controls to reduce standing privileges in protecting sensitive data access. 94% of the respondents maintained that endpoint security is an operational challenge with installing and maintaining agents, requiring a solution.
Most users also emphasized improved user experience optimization with security tools and policies potent enough to bear any security challenge. The Zero Trust model addresses most of the highlighted problems while offering its unique solutions.
So, the Zero Trust approach is an essential tool for companies to protect credentials and resolve constant attacks on valuable assets. It will help security leaders to mitigate risks like impersonation attacks, spear-phishing, and a host of other cybercrimes. The Zero Trust model has proven beyond doubt as a solution to implement a strict identity verification process.