The traditional business environment of working through an office desk in a specific location is fast evolving in the light of a post-pandemic world.
Businesses are fast scrambling to accommodate a remote workforce so that their set of employees could access the corporate network using their own devices and through their personal Wi-Fi network. This situation means that enterprise security protocols need to evolve and not rely on traditional VPN solutions that provide high accessibility and vulnerability from attacks simultaneously.
As there is a marked rise in the threat landscape, organizations now face a higher risk from cybercriminals. The advent of IoT and network-enabled devices has also expanded the sphere of potential risks on enterprise networks. Security architects need to revamp the identity access model for a better approach quickly – zero trust security model being the frontrunner in this regard.
The Zero Trust security framework relies on strict identity and device verification entering the system that gains access to company resources on a private network, even outside the network’s perimeter. The framework does not pool specific devices but indicates a holistic approach to network security aligned with specific technologies to address the security challenges. Anything with access to company data is touted to be a potential threat, including all users, smart devices, and cloud assets. This approach attaches an identity to every element in the system – employees, personal devices, discrete channels, and hosting models, reducing business risks.
Here are five substantial business benefits involved with the zero trust security model:
- Higher visibility
Zero Trust security framework ensures higher visibility to managing and controlling network resources. This model’s primary aim is the discovery and classification of all the devices on the network, operational or those with installed agents.
- Reduces capital and operating expenditure
By facilitating enhanced security outcomes, zero trust security framework reduces cost and effort, consolidating multiple security controls within the network and simplifying security management. It effectively reduces the number of management consoles required by the network, which implies reduced overall capital and operating expenditure.
- Reduces the cost involved with compliance measures
Since the zero trust security framework features in a segmented form, it can ultimately reduce the effort required to adhere to compliance regulations. The effort is reduced because the scope of rules spans specific network segments only. The audits themselves will be less complicated and would lead to a lower cost of compliance in the long run.
- Supports cohesive issue resolutions
IT specialists across varied domains and departments in the organization adhere to their own set of priorities related to networks, operations, security, and data storage. When network outages occur, zero trust networks can help the specialists resolve issues cohesively, taking advantage of their visibility and transparency. Hence, the recovery will be faster, reducing the overall time, cost, and effort associated with the resolution itself and reducing business risks.
- Drives business transformation digitally
The zero-trust network segmentation enables security teams to introduce new services with robust policies and privileges without impacting business and employee productivity negatively. The measures could lead to widespread adoption of IoT devices, rethinking the identity concepts to include all devices within the network for authentication and access.
Organizations should opt for a zero-trust approach to introduce the planned phases system without disrupting their current operations.