Identity and Access Management solutions comprise web tools that help you maintain control and secure access to your business network resources. IAM authenticates and authorizes users logged into your business resources. It allows your IT administrator to create a single digital identity for each member, authenticate them, give them access to underline resources and monitor and manage network user identities throughout their respective lifecycles.
IAM Development – Driven by Three Digital Trends
- Increasing remote working facilitates privileged access across the internet and Bring Your Own Device (BYOD) operational models.
- Increased digital interactions such as data management and assorted transactions.
- The succeeding rise in cyberattacks and digital manipulation.
The Three Key Principles of Identity and Access Management
The three trends present some crucial customer experience and operational challenges that are managed and secured using the three principles of identity governance and administration services. So, what are the three principles of identity and access management? Let’s see!
The Principle of Least Privilege
User accounts should only possess the minimum requirements for access authorization, depending on their role. For instance, remote employees can receive digital identities that allow them to access your network using their respective credentials. It also increases the chances of malicious attacks that attempt to take advantage of anonymity to sneak into user accounts.
However, if one of your users gets hacked, you’ll want to control what kind of information remains visible by ensuring that individual accounts have access to minimal data. For more security, IAM ensures that the administrator has access to billing and crucial account information, whereas regular team members only get access to uploading and editing documents. This reduces the risks of exposure to sensitive data components.
Minimization of Identity Data Collection
Internet users are becoming more aware of data privacy. Therefore transparency regarding client data use is very crucial. Professional identity and access management solutions providers like Rivalime can effectively help you implement data minimization principles. You can increase your client’s security by asking for necessary data and only keeping it for a short period.
For instance, users can register and sign up for your services with little detail of their identities, such as an email address and bank details. Data minimization ensures that organizations collect data within specified limits.
Some businesses may provide self-service account management attributes to help you manage your identity data and view all your collected data. Many users don’t mind providing non-essential data if they see value in doing so, such as receiving personalized services.
IAM encourages transparency around identity attributes across organizations. It also improves customer loyalty and marketing/sales campaigns by providing real-time information updates.
Multi-Factor Authentication
You should remember that the authentication factors on the market are not created equal!
The identity governance and administration services that you implement for application access management should ensure the security of sensitive data, provide a regulatory context, and highlight the geographical location of users. Passwords or social logins alone are ineffective, and they remain common targets for easy hackers.
However, combining identities and access management solutions like a time-based authenticator app, or a one-time password (OTP), helps increase network security and protection against hackers.
Secure Your Business’s IAM Management With Rivalime
Check out Rivalime’s identity governance and administration services to receive exceptional advice and implementation of role management systems that secure user logins, data analytics, and business reporting.
Our identity and access management solutions help you secure user credentials and improve account administration, including device and user provisioning, entitlement management, and compliance management.
Rivalime identity and access management consultants help you grant and revoke user access to business resources, including suspending and activating accounts. For more technology oriented articles, visit our website.
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