Why is IAM (Identity and Access Management) important?

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Published: 8 January 2024

Reading time: 3 minutes

We live in a digital-first world. Be it securing the hybrid workforce, preventing fraud, or ensuring the integrity of devices, IAM provides the solutions and tools needed to secure this digital world.

Why IAM?

Companies need IAM to provide online security and to increase employee productivity.

  • Security
    Traditional security often has one point of failure - the password. If a user's password is breached - or worse yet, the email address for their password recoveries - your organization becomes vulnerable to attack. IAM services narrow the points of failure and backstop them with tools to catch mistakes when they're made.
  • Productivity
    Once you log on to your main IAM portal, your employee no longer has to worry about having the right password or right access level to perform their duties. Not only does every employee get access to the perfect suite of tools for their job, but their access can be managed as a group or role instead of individually, reducing the workload on your IT professionals.

How Does IAM Work?

Identity management solutions generally perform two tasks:

  • IAM confirms that the user, software, or hardware is who they say they are by authenticating their credentials against a database. IAM cloud identity tools are more secure and flexible than traditional username and password solutions.
  • Identity access management systems grant only the appropriate level of access. Instead of a username and password allowing access to an entire software suite, IAM allows for narrow slices of access to be portioned out, i.e. editor, viewer, and commenter in a content management system.

What is the Difference Between Identity Management and Access Management?

Identity management confirms that you are you and stores information about you. An identity management database holds information about your identity - for example, your job title and your direct reports - and authenticates that you are, indeed, the person described in the database.

Access management uses the information about your identity to determine which software suites you're allowed access to and what you can do when you access them. For example, access management will ensure that every manager with direct reports has access to an app for timesheet approval, but not so much access that they can approve their own timesheets.

What makes Entrust IAM solutions different?

Protecting the identities of workers, consumers, and citizens is key to preventing uncontrolled access, data breaches, and fraudulent transactions. Entrust Identity is the IAM portfolio that provides the foundation you need to realize a Zero Trust framework. As one unified IAM portfolio, Entrust Identity supports unparalleled use cases and deployment options.

In short about IAM

IAM systems are an essential component of an organization's security and compliance strategy, as they help protect sensitive information and systems from unauthorized access. They can also help organizations streamline their operations, improve efficiency, meet various regulatory requirements, and more.

Overall, IAM is a vital tool for organizations to secure their assets and ensure that only authorized individuals can access the resources and systems they need.

Ask us about Entrust IAM solutions with confidence!

 

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