With advances in modern technology, stealing passwords and hacking into networks is easier than ever, which emphasize the importance of IAM. A hacker can crack a four letter, two-digit password in less than a second. More importantly, if your data is not on a completely private server, a breach anywhere on the server could compromise everyone’s data. For instance, single-sign-on company, OneLogin, suffered a massive breach in 2017 that allowed a hacker to go through their infrastructure for seven hours, very likely decrypting customer data along the way. This is why taking advantage of the security benefits of identity and access management is so crucial.
Importance of IAM
Identity and access management systems add an extra layer of security over your business’s network. Managers in the company can control which groups of employees have access to which applications. IAM systems are as straightforward or complex as you want them to be with customization options for revealing certain files, documents, records and more.
Implementing IAM services is proactive if your team consists of numerous departments with unique roles. Only the users you choose can progress forward through a company portal, and they’ll be able to see only the information you want them to. The concept of identity and access management technology makes it more difficult for an outside party to potentially view, steal or manipulate sensitive business data.
What Are the Benefits of Identity Management?
IAM systems help you keep track of employee activity. Knowing that only certain employees can view programs and applications will make it challenging for someone who is unauthorized to gain access. You can also set parameters of the system to catch any suspicious transactions, communications or errors that might otherwise go undetected.
Identity and access management systems appeal to companies that plan on expanding their staff. Gradually grant permissions to new hires as they climb the corporate ladder with updated titles and qualifications. Utilizing IAM reduces risks of sudden changes in the workplace and sets you up for success in the following areas:
- Stopping the spread of malware
- Opening the company portal to potential clients
- Monitoring employee productivity
- Improving the overall user experience (single-sign on or multi-factor credentials)
Challenges and Benefits of Identity and Access Management
Discussed in the whitepaper, “Beyond The Password: Identity and Access,” there are three ways to use identity and access management to protect your data:
- Centralized IAM, where all access decisions are concentrated in one location, be it a physical location or a virtual one
- Decentralized, where various regional entities make access decisions
- Federated, where every organization agrees to a common set of standards and procedures for user management
Many entities prefer the federated model because it provides the benefits of a centralized system without putting too much control in one place.
Optimal IdM for Data Security and Identity Access Management
If you’re concerned about breaches affecting your data or the data of your customers and want a reliable identity access management solution, contact Optimal IdM, a global provider of identity and access management solutions. Our OptimalCloud offers a higher level of security than other solutions because our system works without having to sync data, meaning there is no co-mingling of data with other dedicated private servers. Therefore, there’s no chance for breaches in those servers to infect your data repository.
To learn more about protecting your data with Optimal IdM, download the whitepaper, “Beyond The Password: Identity and Access” or contact us today!
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