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Reasons to Consider Modernising Your IAM

IAM stands for Identity and access management. Nowadays, Cyber attacks are more frequent and complex. Therefore, implementing advanced security measures has become essential.

Modernizing your IAM solutions with the latest technologies can ensure that you’re secure, compliant, and able to respond quickly to changing business requirements.

What is IAM?

Identity and access management

In simple words, Identity and access management (IAM) is the framework that enables the right user to access the right resources at the right times for the right reasons. IAM helps businesses control the access to their business-critical assets, making them more secure and accessible, all the time.

IAM is a powerful solution for managing users and assigning permissions. You can use it to give users access to specified resources on your network, revoke their privileges, and assign a single digital identity to each user.

IAM is no longer just for employees and clients. Digital transformation is bringing a new type of identity management to businesses. Organizations are moving to assign identities to the Internet of Things (IoT) devices.

Reasons to Consider Modernizing Your IAM

Automation

The outdated IAM system necessitates more manual work, which slows down business operations—not ideal in this fast-paced world. Automating these manual tasks is, therefore, necessary to maintain better efficiency. 

Modern IAM systems automate and streamline processes to make it simpler to manage the majority of tasks automatically, saving much more time. 

For instance, modern IAM uses data analysis to make intelligent decisions, recommending roles and permissions to new users based on the organization’s groups to which they belong.

Cloud

The majority of businesses are migrating to the cloud because it is more dependable and secure than on-premises infrastructure.  It has become essential to move toward Cloud IAM solutions.

The benefits of cloud IAM include real-time information accessibility, dynamic and intelligent information updating, and the flexibility for your users to operate from any place and on any device.

Security

One of the most important reasons for wanting to upgrade from an outdated IAM solution is security concerns. Legacy IAM solutions are vulnerable to attacks and aren’t ready for the digital future.

A cloud IAM solution offers a better security approach than your old, outdated solution. 

Real-time availability is one of the most effective advantage which can help identify the full scope of the security attack. It can help to identify which resources have been accessed and can take further actions to enhance security.

Best practices for migrating legacy IAM to a cloud-based solution

MFA Methods

A solid identity and access management (IAM) policy must include MFA (Multi-factor authentication) as a fundamental element. 99.9% of account hacking attempts can be stopped by MFA. MFA reduces the likelihood of a successful intrusion by requiring one or more additional verification criteria in addition to a username and password.

Cloud-based SSO

Cloud SSO eliminates password fatigue and lowers IT management overheads. Users only need to set up a single username and password. Therefore, providing a frictionless login experience without sacrificing security. 

Zero Trust Security

Zero trust involves constantly checking who is authorized to access confidential papers, resources, and tools while giving each user the fewest rights possible.

Conclusion

You need to stay secure in today’s digital world, where cyber-attacks are common and threats can come from anywhere. Cloud-based access management is the way to go in this era, protecting your organization’s data and applications from loss, unauthorized use, and misuse. 

Also read: Anywhere Operation with Cloud ERP(Opens in a new browser tab)

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