The Cyber Defense eMagazine November Edition for 2023

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How do you create a zero-trust environment? Here are some steps for creating a successful zero-trust environment in a financial services company: 1. Define your perimeter: Today, the complexity of FIs, M&A activity, and cloud computing make them even more so, means we must define what is and isn’t within the remit of the company’s zero-trust policy. 2. Microsegmentation: Segmenting your company’s digital operations into segments is useful when using zero-trust. If a company is compromised by a malware attack but the data is encrypted, then its damage can only spread so far. 3. Continually monitor devices: Devices used by FIs are constantly being connected / reconnected and are made up of dozens (if not hundreds) of components and many third parties may not have security practices. Thus, every device needs to be continually monitored, even after it has passed security checks. 4. Data inventory: You need to categorize your company data by its importance and allocate appropriate levels of protection, while ensuring it’s still made available to those who need it. There will need to be strong governance protocols so that going forward every new piece of data can be classified. 5. Implement security controls: Finally, systems can be put in place that enable the zero-trust system, deciding what methods of verification are appropriate for each ‘checkpoint’, where to use multi-factor authentication, which types of encryptions to use for what data and how to adapt to future threats like quantum computing. Hardware and software systems which encrypt data and manage the digital keys are the foundations of a zero-trust environment since they allow each user and device to access the parts of the system that they are supposed to access – but nothing more. Organizations that are best placed to deploy a zero-trust environment usually have the experience of a partner that has been building and integrating these systems for over 40 years. Cyber Defense eMagazine – November 2023 Edition 90 Copyright © 2023, Cyber Defense Magazine. All rights reserved worldwide.
About the author Stefan Auerbach, CEO, Utimaco. Stefan Auerbach, who was Chairman of our Advisory Board in 2018, took over the position of CEO in January 2019. Stefan has a background of more than 30 years in R&D, Service, Marketing and Management of Global Sales Organizations for Information Technology and Mobile Security. He started his career in Nixdorf Computer, held several key management positions in Siemens Nixdorf and was a longterm Board Member in Wincor Nixdorf and Giesecke & Devrient. About UTIMACO UTIMACO is a global platform provider of trusted Cybersecurity and Compliance solutions and services with headquarters in Aachen (Germany) and Campbell, CA (USA). UTIMACO develops on-premises and cloud-based hardware security modules, solutions for key management, data protection and identity management as well as data intelligence solutions for regulated critical infrastructures and Public Warning Systems. UTIMACO is one of the world's leading manufacturers in its key market segments. 550+ employees around the globe create innovative solutions and services to protect data, identities and communication networks with responsibility for global customers and citizens. Customers and partners in many different industries value the reliability and long-term investment security of UTIMACO’s highsecurity products and solutions. Find out more on www.utimaco.com. Cyber Defense eMagazine – November 2023 Edition 91 Copyright © 2023, Cyber Defense Magazine. All rights reserved worldwide.
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Artificial Deception: The State Of
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OT Cybersecurity: Safeguarding Buil
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The Crumbling Castle --------------
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@CYBERDEFENSEMAG CYBER DEFENSE eMAG
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Cyber Defense eMagazine - November
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Artificial Deception: The State Of
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Human-in-the-Middle In creating AI
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effectiveness of defenses in place
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this information and related activi
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leading to the potential exploit of
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An Age-by-Age Guide to Online Safet
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Educate: It’s never too early to
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About the Author Chelsea Hopkins is
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Securing Infrastructure Against Bre
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About the Author Brian Lonergan, VP
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adoption is more than just an IT tr
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North Korea-Russia Summit A new all
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factors on both sides of the confli
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That being said, the Russian regime
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Protecting Critical Infrastructure
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spared from the wrath of Russian ha
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About the Author Richard Staynings
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The Illusion of Ruthless Prioritiza
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Ditch the Worry - Switch to Secure
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others are continuing to increase a
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Shifting Left Means Shifting Smart:
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triggers to allow for a more standa
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• The Rise of Remote Work: The CO
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About the Author Jaye Tillson is a
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In terms of prioritization, out of
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Three Things to Know About the New
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Examples of tech jobs that will sur
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Free Monthly Cyber Defense eMagazin
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