Right now, it’s estimated that only about one in three companies in the UAE and Saudi Arabia use Zero Trust Segmentation on-site as part of their cybersecurity plan. This figure is much lower than the global average, which is about half of all companies (48%).
Zero Trust Segmentation is a type of security measure that’s based on the fundamental belief that no one should be trusted by default regardless of whether they are inside or outside of the network. Under this type of security model, verification is required for anyone who is attempting to access resources on the network.
According to recent research, about 54% of breaches stem directly from cloud technology. These attacks cost around $2.3 million annually in the UAE and Saudi Arabia. This statistic isn’t quite as shocking when considering that about 70% of security decision-makers and IT workers reported that they believed their company’s cloud security was inadequate. They also agreed that this lack of security presents a huge risk for their company.
Despite these facts, there’s a huge gap between what can be done and what should be done for most companies. Most organizations simply don’t have the time or the IT team necessary to protect their applications and sensitive data in real-time. Breaches are becoming more of a daily reality and inevitability in spite of how much companies are investing in security technology.
Unfortunately, these cyberattacks are also becoming increasingly more costly, frequent, and damaging. The typical breach’s impacts on a company are multi-pronged. It decreases the productivity of your employees, demotivates your team, and causes the threat of lawsuits to loom over your entire company.
One of the best ways to combat modern-day attacks is to secure real-time visibility over all your applications and workloads. You’ll also want to implement security that allows you to rapidly address and contain a threat when it is identified in the cloud. For many companies, that means implementing Zero Trust Segmentation. This type of strategy helps minimize the costs and impacts associated with cloud breaches while also boosting your company’s cyber resilience.
How to Make Your Company More Secure in 2024
Are you wondering how to make your company more secure in 2024? Are you considering implementing a Zero Trust Segmentation policy, but you’re not sure how to go about it or how to start the process?
Here at CyberSec Bahrain, our team of cybersecurity lawyers and internationally recognized hackers have all the knowledge and experience necessary to help your business develop and implement a better security system. We can help you with legal compliance and take steps to help you protect your business’s private data. We know what it takes to respond to attacks, secure networks, and comply with government regulations. We offer services to clients in Bahrain and other GCC countries.
If you’re ready to make an investment in your business’s cybersecurity needs, then we’re ready to help. Contact our team today to discuss your needs and goals with one of our agents.