Cisco (NASDAQ: CSCO) has introduced new advancements within its Cisco Security Cloud, aiming to streamline security processes. These innovations, including Cisco Identity Intelligence and ongoing developments in artificial intelligence (AI), mark significant progress towards the company's objective of establishing a unified, AI-powered, cross-domain security platform. The company's vision underscores the necessity for organizations to adopt an identity-centric approach to security, shifting focus from mere access permissions to continuously evaluating the appropriateness of user actions post-authentication.
Highlighting the critical need for such advancements, Jeetu Patel, executive vice president and general manager of security and collaboration at Cisco, emphasized the imperative for organizations to prioritize an identity-first approach to security. Patel stressed the importance of evolving beyond traditional access-centric strategies, particularly in light of recent security breaches wherein threat actors exploited vulnerabilities in authentication and access solutions. Reports indicate that in 2023, over a quarter of all Cisco Talos Incident Response engagements involved adversaries leveraging compromised credentials on legitimate accounts, underscoring the urgency for enhanced security measures.
Furthermore, industry analysts recognize Cisco's strategic move as a significant step forward in bolstering cybersecurity defenses. Will Townsend, vice president and principal analyst at Moor Insights & Strategy, lauded Cisco's announcement, affirming its alignment with emerging security needs. He emphasized the integration of identity intelligence and actionable insights with existing network visibility, XDR orchestration, Secure Access, and Duo access capabilities, underscoring the comprehensive nature of Cisco's approach towards fortifying cybersecurity infrastructure.