A single source of truth (SSOT) is a critical business process that ensures everyone bases their decisions on the same accurate data. This data needs to be maintained at all times so that it can be trusted for security purposes. The digital landscape is constantly changing. Unless you can gain full visibility of all assets, one-time risk assessments are bound to miss new threats and misconfigurations.
CARTA Framework
The CARTA framework encourages organizations to continuously assess and monitor risk levels. This approach to cybersecurity aims to recognize threats and vulnerabilities in real-time and respond quickly. It reduces the need for manual monitoring, improves security efficiency and workflow agility, and prevents costly breach consequences. The framework is based on the idea that every network interaction is potentially risky. This means that even trusted systems, users, and devices can become a threat. This mindset shift addresses the reality that hackers seek out vulnerable systems and networks. The CARTA framework goes beyond traditional role-based access control (RBAC) by incorporating attribute-based security to proactively identify risks in real-time.
CARTA enables businesses to evaluate vendors and new technologies by assessing how well they meet five criteria: open APIs, support of modern IT practices such as cloud and containers, the ability to change security postures based on context, full access to data without penalties and multiple detection methods. The CARTA strategy is a proactive, adaptive approach to security that allows enterprises to detect potential threats and vulnerabilities before they cause damage. It also enables them to shut down hacker activity in minutes instead of the weeks and months that can pass between a breach event and its discovery. This faster response reduces the damage that is caused by a hacker, and prevents data breaches from spreading.
CARTA Strategy
The CARTA strategy is a strategic approach to information security that favors continuous cybersecurity assessments and contextual decision-making. Gartner has called it “security that moves at the speed of business.” It is an alternative to Zero Trust and seeks to make sense of the gray world of modern information security, where black-and-white decisions can’t always be made. The core of the Carta equity management platform is its cap table tool, which empowers companies and investors to track and manage equity distribution among key stakeholders. This includes calculating 409A values and optimizing equity for new fundraising rounds. It also features a portal for managing and executing equity transactions, as well as a compliance tool for tracking regulatory requirements.
To expand its capabilities, Carta has partnered with reputable legal and accounting firms. It also collaborates with financial institutions to facilitate seamless data sharing and streamline transactions. These partnership are creating a longterm competitive moat for Carta. The company growing network of customers has created a powerful brand reputation, which has helped Carta build trust and credibility in the market. It has been able to grow its customer base and establish itself as the leader in cap table management. In addition Carta has developed a suite of products that are built on the foundation of its platform including Carta Liquidity and Carta Total Compensation.
CARTA Implementation
While digitalization offers numerous advantages, it comes with specific vulnerabilities that businesses need to address. Those vulnerabilities can result in costly data breaches that erode brand repute and cost organizations millions of dollars each year. To help address these challenges, businesses need an efficient and effective IT security solution that focuses on risk management. Gartner’s CARTA Continuous Risk and Trust Assessment framework enables IT professionals to do just that by identifying and assessing risks.
It also ensures that businesses implement stringent mechanisms to handle those threats. This includes monitoring and assessing IT infrastructure, people, devices, and applications. The framework also aims to reduce complexity and increase agility, while maintaining security and enabling contextual awareness. In addition, CARTA can be used as a complement to zero trust approaches such as NIST’s RMF. Using an automated CARTA based approach provides a single source of truth (SSOT). This ensures that all stakeholders use the same consistent and accurate information to make business decisions. It can also improve the ability of security teams to detect threats faster and respond accordingly. Furthermore, an automated approach can help organizations maintain a comprehensive inventory of their hardware and software. This includes a list of device types and models, their functions and locations, and their security configurations. It can also include a list of installed software, including versions, patches, problems, and history of vulnerabilities.
CARTA Results
Using the CARTA framework, businesses can shift from a reactive to a proactive security stance. Instead of responding to threats once they occur, CARTA focuses on preventing attacks by continuously assessing risk and trust levels. The result is a more resilient business that can withstand evolving threats. The CARTA framework also focuses on the importance of trust in the digital ecosystem and continuous risk and trust assessment . It emphasizes that security must be integrated into every stage of the technology lifecycle, from design and development to deployment and maintenance. By incorporating security into all stages of the process, organizations can ensure that their systems are inherently more secure and resistant to attack.