Security News > 2021 > August > Organizations aware of the importance of zero trust, yet still relying on passwords

The report surveyed over 600 global security leaders about their initiatives and found that remote work has led to a change in how organizations view the importance of zero trust, with financial services, healthcare organizations and the software industry seeing the most significant progress.

78% of companies globally say that zero trust has increased in priority and nearly 90% are currently working on a zero trust initiative, up from just 41% a year ago.

82% of European organizations have increased their zero trust budgets in 2021, while not a single business in Europe says their budget has decreased.

This comes during a period where cuts have been widespread, indicating the importance of zero trust as a security measure.

The greatest challenges for European organizations in adopting zero trust Cost concerns.

"To avoid becoming the next victim of a data breach or attack, organizations are moving towards a more robust and comprehensive security posture that is centred around the zero trust principle of 'never trust, always verify.' Businesses must recognise that people are the new perimeter, and adopt strong authentication across all services, everywhere - from on-premises, to cloud, to mobile, and for employees as well as customers, partners, contractors, and suppliers."

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