How Do Zero Trust Architecture Principles Apply to a Crypto Trading Network?
Zero Trust operates on the principle "never trust, always verify," meaning no user or device is trusted by default, even if inside the network perimeter. It mandates strict identity verification for every access request to trading systems and data.
Micro-segmentation isolates critical components, like quoting engines and wallet services, limiting the lateral movement of potential attackers. This drastically reduces the impact of a security breach.
Glossar
Identity and Access Management
Governance ⎊ Identity and Access Management (IAM) within cryptocurrency, options trading, and financial derivatives establishes a framework for secure and auditable control over digital assets and trading privileges.
Zero Trust Architecture
Definition ⎊ Zero Trust Architecture is a security model mandating that no user or system, whether internal or external, is inherently trusted; every access request must be rigorously authenticated and authorized based on context.
Strict Identity Verification
Authentication ⎊ Strict Identity Verification mandates the use of robust, multi-factor authentication methods to confirm the digital identity of all individuals and automated systems accessing sensitive trading and custody environments.
Trust
Consensus ⎊ In decentralized finance, this concept is algorithmically enforced through the network's consensus mechanism, replacing the need for centralized intermediaries in transaction validation.