Top Tools and Security Protocols That Make IAM Successful!
Continuous technology evolution is presenting severe challenges to organizations across the world. With smart solutions on one side, technology advancements are also indirectly providing room for cybersecurity threats.
These threats are fast-emerging and growing smart in nature. So, you cannot rely on traditional solutions to effectively manage and safeguard your organizational data and assets from these risks.
Moreover, the rate of cyberattacks is rising with every passing year, causing trillions of dollars financial losses to organizations. This is where you would require the Identity and Access Management (IAM) solutions and services.
Here in this blog, we will look into different IAM Tools by use-cases, how these tools help your business and the protocols that decide the success factor:
Different Identity and Access Management (IAM) Tools, By Use-Cases
There is a wide range of IAM tools for different business use-cases:
1) Password Management Tools – These tools help manage all passwords easily without having to memorize every time.
2) Software Provisioning Tools – These tools help manage user information across systems and applications.
3) Security Policy Enforcement Tools – These tools ensure timely detection of improper behavior, trace real-time access and effective enforcement of business policies.
4) Reporting and Monitoring Tools – These tools monitor accounts vulnerable to risks and apps with granted permissions.
5) Identity Repositories – This is where all the information about users and groups are stored.
How Identity Access Management (IAM) Tools Help Your Business?
IAM Tools support your business majorly in the following areas:
1) Enhanced Security
Compromised user credentials are the first entry points for any intruder attack. IAM Tools ensure your credentials and networks are secured under different security layers.
2) Business Productivity
Managing and controlling access in a large enterprise is a tedious task and will eventually hit productivity. IAM tools help you in access management and control, saving related costs.
3) Employee Productivity
A fully IAM system alleviates the maintenance burden on your IT teams. IAM tools help your teams efficiently manage identities and access across a wide range of networks distributed across locations. Thus, employee productivity is a significant advantage. Centralized control in the IAM system naturally reduces the number of reports to core security teams.
4) Improved Collaboration
IAM tools contribute to the collaboration among internal and external teams. These include employees, partners, suppliers and contractors, among others, with the help of modern applications in a more secure way.
5) Centralized Control
IAM tools facilitate centralized control for storage, access and control of your data and assets. This reduces the threat from internal and external factors. Options like Single sign-on allows single-time authentication for access across multiple platforms.
Beyond Tools, Security Protocols Matter!
While tools can help you get the desired output, the effective implementation of IAM requires adhering to three major Security Protocols:
- Multi-factor Authentication System involves multiple authentication methods from different credential categories to verify user identity or authenticate a transaction.
- Identity Management Assessment is crucial to protect critical identities through an access control mechanism. It’s crucial to monitor who gains access to your organizational data.
- Implementation and Integration demand advanced integrations like machine intelligence, AI, biometrics, and risk-based assessment across all platforms and devices to remain safe from external and internal threats.
Effective IAM implementation of all these processes requires subject-matter expertise and a deep understanding of real-time scenarios. Looking for Support?
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