Question: Recently, GearBazaar Inc. security audit by third - party auditors has identified deficiencies in Identity & access management, network security, application security. Based on the

Recently, GearBazaar Inc. security audit by third-party auditors has identified deficiencies in Identity & access management, network security, application security. Based on the findings, leadership has sponsored a Cyber Security improvement project.
IT security team is proposing a 'Zero trust' architecture. Business stakeholders are not fully on board as they fully don't understand what 'zero trust' means.
Here are some raw numbers from the IT team. These numbers are ROM (rough order of magnitude) and are not precise. Here are some raw numbers from the IT team. These numbers are ROM (rough order of magnitude) and are not precise.
Zero Trust project duration 1 year Zero Trust project cost 1.5 million
Number of security incidents 45 per year Security incidents hours 550 hrs.
Direct loss 5,000 CAD per incident hr. Indirect loss 10,000 CAD per incident hr.
Compliance violations None Data loss None
Zero trust impact 80% reduction in incidents Training cost for Zero Trust 250,000 CAD what are critical decisions to be taken?

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