Zero Trust Architecture in Cloud-Based Fintech Applications
Pavan Nutalapati · Journal of Artificial Intelligence & Cloud Computing · 2023
The rapid adoption of cloud technologies and the increasing sophistication of cyber threats have necessitated the evolution of security models in fintech applications. Traditional perimeter-based security models are insufficient for protecting sensitive financial data in dynamic and distributed cloud environments. This paper explores the implementation of Zero Trust Architecture (ZTA) in cloud-based fintech applications. Zero Trust is a security model that assumes that threats could exist both inside and outside a network, enforcing strict verification for every entity attempting to access resources. This study reviews the principles of Zero Trust, its benefits, and challenges in the context of fintech, and presents a comprehensive framework for integrating ZTA into cloud-based fintech infrastructures. Additionally, this paper introduces sample code snippets to demonstrate the practical application of ZTA principles in fintech environments. The paper concludes with a discussion on future trends and the need for continuous adaptation of security strategies in the evolving digital landscape.