What is Identity Access Management?
Identity and access management (IAM) consists of business operations and technologies. It enables the right individuals to access the right resources at the right times for the right reasons.
IAM systems provide IT personnel with the services and tools to track any activities performed by the users. It uses this data to create reports and enforces policies on an ongoing basis.
Systems used for IAM include single sign-on systems, two-factor authentication, multifactor authentication, and privileged access management. These systems are designed to administer user access across an enterprise and ensure compliance with corporate policies and government regulations. Enterprises that develop mature IAM capabilities can reduce identity management costs and, more importantly, become significantly more agile in supporting new business initiatives.
What are the business benefits of Identity access management?
Enhance security posture for an organization with only the right users gaining the access
Improved productivity with automation of many day-to-day operations of managing identities, authentication, and authorization
Enhanced user experience with a simplified process of access management and agile enough to pivot as per compliance and business needs