"The Zero Trust security market is expected to be worth $88.8bn by 2030, at a compound annual growth rate of just over 16%. And this investment is urgent: according to research, 98% of CISOs expect cyber attacks to increase over the next three years. These attacks can have huge consequences: US financial services firm Equifax incurred $1.4bn in settlements after a single vulnerability in a web application was exploited by hackers."
"It's clear that security leaders must use the most effective tactics available to counter these threats. Zero Trust is a holistic approach to security, rather than a product or service. It assumes there will be a breach, and that hostile actors could already be inside the network. In order to counter threats, the architecture is therefore based on an approach of constant verification. And security is delivered not just at the network layer, but at the application level too."
Research by Foundry shows over half of organizations have Zero Trust in production or piloting, and the market could reach $88.8bn by 2030 with a compound annual growth rate of about 16%. Ninety-eight percent of CISOs expect cyber attacks to increase over the next three years, and incidents can impose massive costs, as Equifax faced $1.4bn in settlements after a single exploited vulnerability. Zero Trust assumes breaches and potential internal threats, applies continuous verification, and delivers security at both network and application layers. Zero Trust supplements existing network and endpoint measures by layering defenses to reduce impact and increase resilience.
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