Today’s MNCs were once small or medium businesses (SMBs). Small and medium businesses are the proving ground for emerging technology, as they have tight budgets and require specific, targeted functionality that suits their style and processes. Once products and solutions pass this litmus test, they start becoming more mainstream, being absorbed more widely by companies and consumers.
Would you trust just anyone to enter your home? Or would you first confirm that you know them and they have the right to be there?
The Zero Trust Model (ZTM) of security follows a similar principle. The ZTM approach is to be aware of anything entering the company, whether from inside or outside the company’s perimeter.
ZTM simply verifies everything that requires access to the system. The approach does not necessarily decree that every request should be denied. Instead, it asks: Why is access needed? How far? How long?
Whether or not you know what it is called, you have likely used 2FA at least once in your life online.
Remember the time you tried logging into your email account from a new device and your email service provider sent you an SMS with a PIN (OTP), to re-validate that it was actually you attempting to login? You would have been allowed access to your inbox only after you entered the correct OTP.
Or the time you tried to transfer money to someone through internet banking. Even though you already entered your customer ID and password, your bank’s application would want to make sure that someone else hadn’t stolen your credentials. They do this by sending you an email with a PIN or a link to click on, for additional validation.
Cloud technology has broken several operational barriers to make remote data access easy. It allows you to scale your business with minimal cost while securely holding business-critical data and applications. But with all these advantages comes a catch – managing personnel access for all the applications and files in your network has become increasingly cumbersome. Continue reading How an Identity and Access Management Solution Can Help Your Data Driven Business