While digital transformation has been underway for many years now, the outbreak of the COVID-19 pandemic has made it an overnight business necessity. As organizations were forced to move their operations and workforce online, it became increasingly clear that the key to surviving and emerging stronger from the crisis is to go digital. Soon, the achievement of ‘digitize or die’ spawned new momentum that fueled digital innovation, helping organizations create unique customer experiences and unlock new opportunities for growth. According to Mckinsey Global CEO Survey, the COVID-19 crisis has led companies to adopt digital or digitally-enabled products for seven years in 2020, unlike anything the world has seen before. Today, from financial services and healthcare to electricity and utilities, organizations across the spectrum are aggressively digitizing their operations to meet evolving market and consumer expectations.
Digital transformation at bridgehead level with cybersecurity
While digital is an exciting path to take, it’s also important to understand that it is a cybersecurity nightmare. In the modern IT environment, data, applications and devices are no longer constrained by the boundaries of corporate premises or data centers. They are ubiquitous, spread across multiple private and public clouds and at the edge. This distributed nature has dissolved the traditional network perimeter, leaving cybersecurity confused. It has become a big challenge for security teams to protect distributed digital assets in a perimeter-less environment. On the other hand, cybercriminals have improved their game with new attack tactics. In 2020 alone, the number of ransomware, malware and social engineering attacks has grown dramatically. With cybersecurity struggling to adapt and close security gaps, digital transformation is collapsing, impacting revenue and business growth.
To take full advantage of the digital transformation, it is essential that organizations adapt cybersecurity to their digital ambitions. And that requires a new approach to cybersecurity, which makes it more mobile and adaptable.
Reinvent cybersecurity for the digital world first with Identity-First Security
Identity-first Security is the modern cybersecurity framework designed to protect today’s distributed and hybrid digital environments. It shifts the focus on security from the perimeter to the identity of digital assets. It requires that all digital assets must authenticate with their identity to be allowed to communicate. This helps organizations secure digital assets no matter where they are located – data center, cloud, or edge. Unlike the traditional approach which relies on implicit trust within the network, identity-driven security is based on the principle of zero trust, which is based on “never trust, always verify”. It checks every application and device before granting access to communicate, helping to detect external and internal threats, as well as eliminating lateral movement of malicious actors within the network. By placing identity at the heart of cybersecurity, it helps organizations create a granular, intuitive and tight security model.
Machine Identity Management – The New Foundation of Cybersecurity
One of the fundamental principles of implementing identity-centric security is to focus on machine identities. The identities of the machines are digital certificates which serve as proof of the authenticity of a machine on a network. These certificates help validate the identity of machines and allow them to communicate securely with other devices and applications on the network through encrypted channels. With valuable data continuously exchanged between applications in cloud environments, containers, IoT, mobile devices, and home networks, securing this machine-to-machine communication is hyper-critical for organizations. And this is achieved by diligently protecting and managing machine identities, in other words, digital certificates.
Managing digital certificates typically involves a lifecycle of discovery, monitoring, renewal, revocation, and provisioning. Traditionally, organizations have managed the certificate lifecycle manually using spreadsheets and proprietary software. But manual certificate management has become increasingly complex in today’s vast digital footprint. With hundreds of thousands of certificates widely distributed in hybrid, multicloud, and containerized environments, organizations struggle to monitor and manage them manually, resulting in frequent certificate expirations, application crashes, and cybercrime. increased risk. Lack of visibility and centralized management, use of weak encryption standards in certificates, lack of multi-cloud support and DevOps environments and human errors in management lead to imperfect certificate management. And that, in turn, cripples the implementation of identity-driven security and weakens the overall security posture.
Build a robust and reliable system certificate lifecycle management system begins with the adoption of automation. Automation helps organizations take full control of their digital certificates and enable secure digital communication. By automating certificate management processes, organizations can have complete visibility of certificates across the distributed network, eliminate tedious manual processes, streamline certificate management, enforce consistent policies, improve compliance, and establish a strong security posture. . By simplifying every aspect of certificate management, automation makes it easy for organizations to implement identity-centric security.
As web applications, the cloud, container workloads, IoT endpoints, mobile devices and chatbots become the order of the day, protecting machine identities becomes a top cybersecurity priority. . And the only way to deal with the growing deluge of machine identities is through automation.
Building digital trust is the key to digital success
We live in a world that is both digitally driven and security conscious. It is therefore not enough to develop digital capacities; businesses need to build digital trust to be truly successful. And digital trust must be based on modern, resilient and sustainable cybersecurity, which never breaks. Let’s not forget what George Westerman said about digital transformation: “When digital transformation is done right, it’s like a caterpillar that turns into a butterfly, but when it’s done wrong, all you do have is a very fast caterpillar. ”
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*** This is a Syndicated Security Bloggers Network blog by Blogs – AppViewX written by AppViewX. Read the original post on: https://www.appviewx.com/blogs/building-digital-trust-with-machine-identity-management/