Organizations face cybersecurity challenges as prime targets for criminals seeking to exploit sensitive data. From customer information to business trade secrets, the stakes are high. Zero trust network access (ZTNA) is emerging as a game-changing approach to strengthen the security posture of these institutions.
ZTNA operates on the principle of “never trust, always verify,” ensuring that every user, device, and application undergoes scrutiny before gaining access to sensitive resources. This approach is particularly effective in cloud environments, where traditional security models often struggle to adapt to the dynamic nature of modern infrastructure.
“By implementing ZTNA, organizations can identify vulnerabilities within their systems and take proactive measures to mitigate risk,” said Andrius Buinovskis, head of product at NordLayer. “Finding ways to incorporate a zero trust framework without disrupting operations can be complex but is essential for modern security.”
Zero Trust Helps Save Money
Recent statistics show the need for strengthened cybersecurity measures, particularly as organizations increasingly rely on cloud-based environments. Four out of five (82%) cloud breaches in 2023 involved data stored in cloud environments, spotlighting the vulnerabilities that come with digital transformation.
Financial organizations are recognizing the value of zero-trust approaches. Nearly two out of five financial institutions reported “extensive use” of zero-trust networks, leading to cost savings. These organizations saved an average of $850,000 through their implementation of zero-trust principles.
The financial benefits extend beyond direct savings. Other findings show that zero-trust strategies can reduce the cost of a data breach by approximately $1 million. This reduction stems from the ability to quickly identify and contain breaches, minimizing their impact and the associated costs of remediation, legal fees, and regulatory fines.
Cybersecurity Expert Evaluates Zero Trust Implementation
Buinovskis says that the transition to a zero trust model is not without its challenges. One of the biggest hurdles is the cultural shift required. Many organizations are accustomed to the traditional methods of security, and moving to a “never trust, always verify” approach can be a significant adjustment.
“Start small and scale gradually. Identify your most critical assets and implement zero trust principles around them first,” says Buinovskis. “This approach allows you to demonstrate value quickly and build momentum for wider adoption.”
He also emphasizes the importance of user education. Zero trust can initially seem intrusive to employees accustomed to unrestricted access. It’s crucial to communicate the reasons behind the new security measures and provide training.
“The benefits far outweigh the initial hurdles,” says Buinovskis. “As cyber threats continue to evolve, zero trust provides the flexibility and security posture necessary to protect sensitive data and maintain customer trust.”
This post was originally published on the 3rd party site mentioned in the title of this this site