Zero Trust: a Non-Zero Headache for Financial Services Organizations
Financial services organizations struggle to make sense of Zero Trust security on the journey to cloud services. To start, they are often stuck between a rock and a hard place: caught between the ever-changing digital demands of customers and compliance with state and federal regulations. And when you add in organizational digital transformation initiatives, like moving to the cloud, accountability to prevent security incidents while conducting traditional identity management responsibilities can easily overwhelm security teams.
CIOs and other leaders of financial services organizations find themselves with a jumbled mess of initiatives at their doorstep: needing to save money, increase security, and make end users happier. Many are feeling pressured to take on cloud initiatives, looking to reduce infrastructure costs and mitigate operational risk with enterprise-grade uptime and reliability. This reasoning is sound—SaaS solutions are often going to deliver value while allowing for flexibility in terms of offering the most services to employees, partners, and customers while lowering your organization’s overall risk posture.
Staying grounded in Zero Trust principles, however, and specifically leading your organization’s Zero Trust journey with identity, will not only increase your organization's security posture, it will also make digital transformation easier.