By Prakash Krishnamoorthy, Director at Aruba, a Hewlett Packard Enterprise
company, India
According to Markets & Markets Research, the global cyber security market is predicted to
develop at an 8.9% CAGR from 2022 to 2027, from an estimated value of USD 173.5 billion in 2022 to 266.2 billion USD by 2027. The expanding e-commerce platforms and the advent of emerging technologies such as the internet of things (IoT), artificial intelligence (AI), cloud security, and others are driving the cybersecurity market.
India presents a profitable potential due to its expanding economy, sizable business population, and quick digitization. Organizations must place a strong emphasis on making sure they don’t fall victim to hostile attempts and preserve their sensitive data considering the hybrid working models and growing cyber threats.
Edge-to-Cloud Security Articulates the Vision
As the cyber threats and data breaches rise, given the massive digitization, the modern-day needs demand that enterprises adopt a more advanced approach that can provide full visibility, control, and enforcement.
Zero Trust security architecture is truly a comprehensive strategy for network security as it means that no one is trusted by default from inside or outside the network, and verification is required from everyone trying to gain access to resources on the network, adding a layer of security to prevent data breaches. Every person and device attempting to access resources on a private network, regardless of their role within or outside the business, is subjected to stringent identification verification.
Gartner highlights that organizations that will adopt cybersecurity mesh architecture that will reduce the financial implications of the threats by an average of 90%. Spending on information security and risk management products and services, as a result, is forecasted to grow 11.3% to reach more than $188.3 billion in 2023.
Three factors influencing growth in security spending are the increase in remote and hybrid work, the transition from virtual private networks (VPNs) to zero trust network access (ZTNA), and the shift to cloud-based delivery models, thus cloud security has emerged as the category forecast to have the strongest growth over the next two years.
SASE vs Data Center-Based Network Security Model
Identity-based Zero Trust network access: SASE mainly relies on a zero-trust security
architecture, which can prevent users from accessing apps and data until their identities
have been confirmed, by multiple filters, while setting access policies.
Blocking attacks against network infrastructure: Internal resources are potentially shielded from external attacks (such as DDoS attacks and vulnerability exploits) via the firewall and CASB components of SASE. Nasty malware-based attacks, data exfiltration, and other threats to the data of the company are significantly protected too.
Streamlined implementation and management: With SASE, single-point security solutions are combined into a single cloud-based service, allowing businesses to work with fewer vendors and devote less time, money, and internal resources to establishing physical infrastructure. With such a privilege, organizations should set, adjust, and enforce access policies across all locations, users, devices, and applications from a single portal.
Zero-Trust Is the Modern-Day Security Principle
Continuous monitoring and validation: No users or machines are implicitly trusted since the theory underlying a zero-trust network anticipates that there are attackers both inside and outside of the network. Even after multi-factor authentication (MFA), logins and connections regularly time out, necessitating constant re-verification of individuals and devices.
Least privilege: Least-privilege access is another zero-trust security tenet. This entails
granting users only the level of access they require, much like an army commander would do when providing soldiers with information, greatly minimizing each user’s exposure to
sensitive parts of the network.
Micro-segmentation: Micro-segmentation is one of the key things that sets zero-trust
network apart from others. The process of micro-segmenting involves dividing up security
perimeters into smaller areas to preserve separate access for different parts of the network.
Preventing lateral movement: When an attacker advances inside a network after gaining access to it, it is referred to as ‘lateral mobility and can be very challenging to identify because the perpetrator will have already compromised more network components. Unlike the castle-and-moat model, zero trust is designed to contain attackers so that they cannot move laterally as the access is segmented and has to be re-established periodically.
Closing curtain
The threat of cybercrime is increasing, as is the need for a multi-layered cybersecurity approach. Businesses now have exciting new chances for growth because to the quick development of modern technology, but every new development also gives cyber-predators a chance to misuse confidential information. Therefore, developing creative security applications and solutions should be the focus. Cybersecurity is poised to serve as a foundation across all sectors going digital and bring exciting avenues as businesses come together to adopt recent innovations.
Enterprises can no longer mix and match technologies to ensure security for on-premises and remote employees in today’s quickly changing work environments. Instead, companies require a solution that can deliver complete, all-encompassing security from the edge to the cloud.
