Microsegmentation: Protecting Data from Cyber Threats
As cybercrime continues to rise globally, Canada is also experiencing a surge in cyber incidents. This emphasizes the urgent need for effective security measures. According to Statista, Canada’s annual cybercrime cost is projected to reach 4.78 billion USD by 2028, with the average data breach cost expected to rise to 4.66 million USD in 2024. Sami Khoury, head of the Canadian Centre for Cyber Security, warns that cyberattack frequency will likely increase in coming years. Canadian organizations face heightened risks as a result. Recent high-profile attacks have affected major retailers like LCBO, and Indigo. Institutions like SickKids, the RCMP, the City of Hamilton, and the Toronto Zoo have also been impacted. With stakes this high, businesses must be proactive in defending against evolving cyber threats. Strategies like micro-segmentation play a crucial role in defense as it add another level of security to guard against exfiltration and other malicious actions. Microsegmentation offers a powerful way to reduce vulnerabilities and secure sensitive data in cloud and data center environments.
Source: Average cost per data breach in Canada 2019-2024 Statista Report
What Is Microsegmentation?
Micro-segmentation creates secure zones within cloud and data centers to isolate application workloads. This limits east-west traffic between them. Unlike traditional firewalls that manage north-south traffic, micro-segmentation uses granular firewall policies. These policies manage internal traffic using a zero-trust approach. Micro-segmentation reduces the attack surface and prevents lateral movement of threats. It ultimately contains breaches and supports regulatory compliance. Also known as application segmentation, it is essential in multicloud data centers today.
How Does Microsegmentation Work?
By default, micro-segmentation denies all traffic except explicitly allowed connections. It enforces security policies at the application level. This allows organizations to establish a zero-trust security model across data centers and clouds. The implementation relies on granular firewall controls adaptable to different workloads, including virtual machines, containers, and bare-metal servers.
Benefits
- Reduced Attack Surface: As organizations adopt cloud services, traditional network perimeters diminish. Microsegmentation blocks unauthorized access, minimizing the attack surface.
- Enhanced Protection for Critical Applications: It limits lateral threat movement across platforms. This ensures that compromised components do not endanger the entire environment.
- Regulatory Compliance: Microsegmentation simplifies compliance by offering granular data access control. This helps organizations demonstrate data protection during audits.
As cyber threats continue to evolve, micro-segmentation provides a robust defense that complements traditional firewalls. Cloud Managed Networks, a trusted Cisco partner, offers strategies and services to secure your network against cyberattacks. To explore how we can help you implement a tailored network and cloud security approach, contact us at [email protected], (416) 429-0796, or 1.877.238.9944 (Toll Free).