Identity and Access Management (IAM) is a security system that enables the right people or things to use the right applications or data when they need to.

In the enterprise IT environment, IAM is about managing the roles, access authorizations and requirements of individual users and things. The core task is to assign a digital identity to an individual. Once this has been created, it must be maintained, updated and monitored throughout a user’s entire access lifecycle. IAM systems give administrators the necessary tools and technologies to change user roles on demand, to monitor and report on their activities, or even to enforce security policies on a regular basis. The systems are designed in such a way that they can map the access authorizations of an entire company while ensuring that internal and external compliance guidelines are met. For example, verifying the identity of a remote customer is a major challenge for organizations selling online, with a high risk of identity fraud.

Why Do We Need Identity Management?

In today’s digital world economy, this is inextricably linked to the security and productivity of the entire company. Compromised login data and access authorizations and user identification and authentication often serve as a gateway to the corporate network. IAM exists to protect company data and assets against threats such as ransomware, phishing, malware and criminal hackers in general. Robust IAM systems can provide an additional layer of security by ensuring consistent application of access rules and policies across the enterprise. Central management reduces the complexity and costs of protecting access data. At the same time, the IAM systems increase employee productivity in a variety of environments without compromising security.

How Does Identity Management Enrich Businesses?

Implementing an IAM system and associated best practices can create a competitive advantage in a number of ways. Opening up your network to customers, partners, suppliers and of course employees can increase efficiency and reduce operating costs. IAM systems allow a company to extend access rights to its network via a variety of on-premise applications, mobile apps and Software-as-a-Service (SaaS) tools. When companies can better engage with externals and customers, they can drive collaboration across the organization, boost productivity, improve employee satisfaction, push research and development – and ultimately boost operating revenues.