As digital devices become more and more prevalent in our lives, it’s important that we understand the different types of identity and access management systems (IAM) that are in place to protect our data.
The total cost of identity crime in the US reached an all-time high in 2020, hitting $56 billion. Cybercriminals are constantly using new methods and technologies to break past your cybersecurity systems and steal any sensitive data; it’s clear that you need to take all precautions in protecting your networks.
What is identity and access management?
IAM is a set of policies, procedures, and technologies that help organizations manage who can access what resources.
It can be used to manage different aspects of someone’s identity, such as authentication, access, and authorization. IAM can also be used to protect data by limiting the types of people who have access to it.
Without IAM, your employees or users could be accessing data or information they are not authorized to see. This could lead to a number of problems, like lost data, unauthorized access, and even financial damage. Additionally, IAM can help ensure that only the correct people are able to access your information.
An IAM system should be designed so that it is easy for users, both human and computer-based, to manage their identities, passwords, and other credentials. An effective IAM system should provide a simple interface through which users can view their identities and change them as needed. It should also provide a way for users to configure their access rights and revoke these rights if necessary.
What are the benefits of IAM?
IAM can help you protect your data, and prevent unauthorized individuals from tampering with your data or stealing it.
An IAM strategy can help you determine who is responsible for a particular action or task and provide them with authentication and authorization information.
When you have secure passwords, you can be sure that only authorized people are able to access your information. By using two-factor authentication, you can be sure that only the person who has the correct password is allowed to access the information.
By using other security measures such as password management software, you can ensure that your data is not accessible to anyone but those who you trust.
IAM can help you identify if someone is trying to get into your account or if an attack is taking place. This will make it easier to stop cybercriminals, as you’ll be able to lock down accounts associated with suspicious activity.
Creating an IAM strategy
There are a few things you need in order to implement an identity and access management strategy.
You’ll need a system to store employee IDs and passwords, a system to revoke access to employees if needed, and a system to track employee activity. This will help you keep track of who has access to what data and when they are accessing it.
Every IAM is unique, but there are several steps that you can take to get started.
Implementing an IAM strategy:
When you integrate IAM into your business, there are a number of risks associated with it.
One such risk is the potential for data loss. To mitigate this risk, you can use backup or disaster recovery plans to ensure that your data is always protected. You can also consider using a cloud-based IAM solution provider that offers a backup and restore option.
Another risk is the potential for unauthorized access to your network. This can be combated by making sure that your network has tight security controls in place, including firewalls, intrusion prevention systems and anti-virus software.
Talk to the IAM specialists
Identity and access management is an important process that should be taken into account when building your online presence. It’s no longer an option for your business; it is a necessity to protect not only your company, but your customers and employees from the dangers of cybercrime.
To create an IAM strategy and set of policies customized to your business operations, talk to the security technicians at Technology Solutions.