IAM tools verify and monitor user accounts, ensuring that only the right people can access data. They also report suspicious activity and meet strict data protection standards like Know Your Customer, Red Flags Rule, etc.
Dashlane is a password management tool that’s easy for employees to deploy and use. It’s not without its shortcomings, though.
Modern Business is Innovative
Modern businesses grow and thrive for several reasons. Some are known for their products, some for their services, and others for less easily defined factors such as strong brand loyalty or captivating ad campaigns. But one thing all modern business leaders have in common is a commitment to innovation.
This commitment to innovation requires businesses to utilize innovative technologies, including identity and access management (IAM). IAM is a framework that helps IT managers manage electronic identities – such as users, applications, Internet of Things devices, and microservices – through centralized systems. IAM solutions also enable IT administrators to regulate access to systems and networks based on individuals’ roles within the organization.
A unified identity management solution is essential for any business in the 21st century. It simplifies and streamlines user login procedures provides a single sign-on experience for employees, makes accessing cloud and on-premise applications from any device easier, and eliminates manual privileges and permission settings that can lead to human error.
It also helps companies comply with regulatory requirements, reduce the risk of cyber attacks, and make it easier for security pros to monitor and manage users, passwords, and credentials. It also saves costs by manually reducing the number of password resets and other access requests that IT departments handle.
Modern Business is Socially Responsible
A business needs to know that all its employees are who they say they are and that everyone who logs in has the appropriate privileges for their role. This ensures that sensitive information stays safe and only the right people can access the systems and data they need to complete their work. Identity management tools are the backbone of this process, verifying digital identities and ensuring users have the rights to the network resources, applications, services, or databases they need.
IAM solutions also help businesses comply with laws, including the General Data Protection Regulation (GDPR) in Europe and the Health Insurance Portability and Accountability Act and Sarbanes-Oxley in the United States. These tools can verify and report suspicious activity, manage identity theft risks, and provide automated de-provisioning of access to systems and apps as employees leave or change their roles in the company.
The top IAM tools include IBM Cloud Identity, Ping Identity, SailPoint, and SolarWinds Access Rights Manager. These are all great options, but IBM offers a complete package of features that reduce the risk of insider threat and identity fraud, manage compliance, and automatically improve employee collaboration. It also helps you meet GDPR requirements and can protect systems in the cloud and on-premises systems.
Ping Identity is another industry leader, offering a robust set of IAM capabilities for businesses of any size. This includes a single sign-on, unified management console, and SSO and API communications support. It can also help you manage access to Microsoft Azure, Amazon Web Services, and on-premises systems.
Modern Business is Creative
For a business to succeed, it must develop creative ideas and approaches that solve problems. This applies to everything from production to distribution. It also means coming up with innovative ways to satisfy the needs of consumers.
A great way to do this is through an IAM system, which allows businesses to set and monitor permissions based on digital identities. This makes it easy to assign authorizations for online platforms or the office. It also helps companies comply with GDPR, GLBA, HIPAA and SOX regulations, which require strict security standards.
One of the biggest IAM providers is IBM, which offers its security identity and access management suite on a cloud-based service. This system provides a single console for various access rights managers, allowing for single sign-on and connection security through its companion application. It can detect and alert on anomalous activity, such as suspicious login patterns that could indicate account takeover. It can also monitor users across multiple systems, including features like onboarding, inactive accounts, and notifications for removal upon employee departure.
Other popular IAM tools focus on data governance and identity management. It is ideal for organizations that handle large amounts of data and want a comprehensive tool to manage their identity and security.
Modern Business is Customer-Oriented
In modern business, customer impact is central to every decision made. This includes the security of sensitive data and company systems. Identity and access management tools, or IAM tools, allow employees to log in to company systems and applications securely while keeping hackers out.
When someone tries to log in, IAM checks the login information against a database of people who can access what parts of the system or software applications they’re trying to use. This includes a person’s name, job title, manager, direct reports and personal email address, among other things. If the login information matches up, the IAM allows the user to access their part of the system or application.
IAM tools also prevent security breaches by expanding the number of ways a person can verify their identity beyond just a password that could be hacked, shared or forgotten. This includes using biometrics, Face ID, or Touch ID to log in and even using soft tokens like SMS or email one-time passwords.
The best IAM tools are comprehensive and work in the cloud, on-premises or hybrid network environments. It can track failed login attempts to spot hacker activity and help tech managers re-establish privileges for compromised accounts without disrupting workflows. IBM Security Identity and Access Assurance is another top-rated IAM tool that integrates easily with applications and works discreetly in the background.
