How A Zero Trust Exchange Can Transform Your Business

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Trust Exchange

How does your business view customers? A long-term, valuable partner? Or a liability to be guarded against and controlled at all costs? If it’s the latter, you’re in for some significant changes.

The Zero Trust Exchange is one of the most significant shifts happening in business today. It has already transformed how banks manage customer data and transactions. Now more industries are following suit. This blog post will explore the benefits of this new approach to security and privacy and how it can transform your business too.

What is Zero Trust Exchange?

The question in most readers’ minds is,what is zero trust cloud security? In its simplest terms, Zero Trust Exchange is a philosophy of business that moves away from the traditional idea of companies as fortresses to be defended against outsiders. Instead, it views them as structures built on pillars.

These pillars are held up by multiple stakeholders who have different access levels depending upon their role in the organization. The goal is for everyone with authority over the organization’s assets to access those assets as efficiently as possible without sacrificing security. According to Zscaler, “A key principle of zero trust is least-privileged access, which assumes that no user or application should be inherently trusted.”

Achieving Zero Trust Exchange requires the following:

Authentication System

An authentication system that uses multiple factors makes it difficult for an intruder or compromised credential holder to gain entry into a business’s internal networks. The more secure your systems are external, the more secure they will be internally regardless of whether you have a fortress or an open platform.

A Network Design

A network design splits up internal and external traffic so that no information is freely available to anyone who can bypass your security systems. The goal here isn’t just keeping unauthorized users out. It’s also making sure authorized users can only access the data they need to do their jobs.

A Robust Firewall

A robust firewall can detect potential threats and react quickly, stopping them before they reach sensitive systems or information. A robust firewall isn’t just about external attackers; insiders with dangerous access credentials are often more of a threat than outside hackers because your security systems will be designed for attacks from without rather than within.

Accountability System

An accountability system clarifies who is responsible for what and ensures they are held to account if anything goes wrong. The more complex your systems are internal, the harder it will be to figure out who was responsible when something goes wrong. Without accountability, you will be unable to hold anyone accountable for their actions on your systems or networks.

Zero Trust Approach

A zero-trust approach to security means no user has access privileges beyond what they need to do their jobs effectively. It also keeps all data and assets secure at the same time.

The latter is where Zero Trust Exchange becomes more than a philosophy of business. It becomes an ethos for how your organization does everything from hiring to managing data privacy.

How Zero Trust Exchange Transforms Your Business

Businesses that implement Zero Trust Exchange will be better protected against outside attacks and ensure the safety of their customers’ data. Additionally, such enterprises position themselves as a secure place where people want to do business.

By implementing this philosophy into your entire organization’s security protocols, you’ll create an environment where employees can work more effectively. Customers will know that their data is safe when they turn to your business for services or products.

When you’re ready to implement Zero Trust Exchange in your organization, consider working with a team that can help you design the changes necessary to protect your sensitive information. The team should also streamline operations so nobody has an easier time accessing it than they should.

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