Simply put, Identity Access Management (IAM) is a process that monitors the kind of data that a person has access to. It can be defined as a cross-functional practice that includes establishing individual identities of people and systems and offering the system association and application-level accounts to these identities. There are several executives who are of the opinion that IAM is purely an IT function, but the process impacts every business unit across the organization. It is therefore essential that business units have a thorough understanding of IAM and ways to handle it. This apart, IT teams should also understand the manner in which IAM can help in various business processes and provide effective solutions that cater to corporate objectives, thereby not making an enterprise vulnerable to any security attacks and risks.

Developing an IAM Strategy
When you are developing an Identity Access Management strategy, there are certain aspects that you must take into account. They are:

  • The organization’s requirements
  • The risks related to IAM strategy and the manner in which they can be addressed
  • The method to approach IAM within an organization and effectiveness of IAM
  • The procedure of authenticating users
  • The process of identifying users and the percentage of users that are present in an organization
  • Monitoring of the users is accessing the IT resources in an inappropriate way
  • Access approvals that are given to the users
  • Tracking and recording user activities

Keeping all these aspects in mind, service providers of information risk management and data protection have introduced identity access management solutions with advanced features such as:

Strategy and Design
Here the service providers a methodical requirement analysis and planning essential for setting up a base for an efficient IAM strategy. The company evaluates the end-user’s requirements through various avenues that comprise field assessments and executive workshops thereby setting up a strategy and IAM route map. It also helps with technology evaluation, business case analysis and solution architecture.

Digital Identity and User Lifecycle Management
This comprises of design and management of data for identifying individuals to approve them digital transactions. It is also important to monitor these identities over a span of time.

Access Management
This offers a comprehensive solution for enterprise access management including single sign on, web access management, information rights management and coverage access control.

Service providers with advanced IAM solutions enable you to sustain and optimize your IAM strategy. The IAM has been always active and hence the systems associated with it too needs to change and update continuously. High-end IAM solutions cater to this through system improvements and upgrades.

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