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Zero Trust Security in Cloud Banking a Framework for Financial Institutions

Author(s) Vikas Kulkarni
Country United States
Abstract Zero Trust Security is an essential paradigm shift for financial institutions moving towards cloud-based infrastructures. This paper presents a structured framework tailored for the banking sector, ensuring compliance with financial regulations and protecting critical assets against evolving cyber threats. Key Zero Trust principles, architectural considerations, implementation details, and real-world applications in banking environments are explored. Challenges in adoption and future research directions are also discussed. Unlike traditional security models that rely on perimeter defenses, Zero Trust enforces strict identity verification, micro segmentation, and least privilege access. Financial institutions must implement continuous authentication, adaptive risk assessment, and robust encryption mechanisms to mitigate insider threats and sophisticated cyberattacks. By integrating Zero Trust with cloud-native security controls, banks can enhance data confidentiality, integrity, and availability. This paper provides a comprehensive roadmap for adopting Zero Trust strategies while addressing compliance requirements such as PCI-DSS, FFIEC, and ISO 27001 [1, 3].
Field Engineering
Published In Volume 5, Issue 3, March 2024
Published On 2024-03-05
Cite This Zero Trust Security in Cloud Banking a Framework for Financial Institutions - Vikas Kulkarni - IJLRP Volume 5, Issue 3, March 2024. DOI 10.5281/zenodo.15051169
DOI https://doi.org/10.5281/zenodo.15051169
Short DOI https://doi.org/g88zzr
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