IDENTITY AND
ACCESS MANAGEMENT
IDENTITY AND
ACCESS MANAGEMENT
SUMMARY
Falls Under – Cybersecurity
Importance for Start-Ups – Very High
Return-On-Investment – Medium – Medium-High (High With Cross Identity)
Implementation Time – Low (With Cross Identity)
Cost – Low (With Cross Identity)
Implementation Cost – Nil (With Cross Identity)
KEY STATISTICS
- The Identity and Access Management (IAM) market size exceeded USD 12 billion in 2022 and is expected to grow to USD 25.6 billion by 2027. [1]
- 94% of US organizations have experienced a data breach, and 79% were breached in the last two years. [2]
- 61% of all breaches involve the use of stolen credentials. [2]
- 99% of respondents who suffered an identity-related breach believe that these types of attacks are preventable. [2]
- 44% of security professionals believe that an identity and access management solution will address their current security gaps. [2]
- 61% of all breaches involve credentials, whether they be stolen via social engineering or hacked using brute force. [2]
- Remote working has increased access to critical business systems by 59% in the last year. [2]
KEY DRIVERS
- A marked increase in data breaches, identity theft, and hacking incidents.
- Requirement for compliance management.
- Need for mobility and remote workforce management.
- Adoption of connected technology such as loT, BYOD, and cloud computing.
- Challenges related to employee off-boarding and on-boarding.
- A marked increase in hackers targeting small businesses.
CHALLENGES FOR START-UPS
Security
Compliance
Reduce Time-To-Productive of New Employees
Implement SaaS with an Unskilled Workforce and Limited Bandwidth
Small Budgets for SaaS and Cybersecurity Spending
Reduce Time-To-Productive of Project-Team-Changes and Transferred Employees
WHAT IS IAM?
IAM is the general umbrella term for 3 distinct technologies
- Access Management (Single Sign-On & Authentication)
- IGA – Identity Governance & Administration (User Lifecycle Management, Access Request System, Access Review, and Entitlement Management)
- PAM – Privileged Access Management (Discovery & Management of Privileged Accounts)
FEATURES AND BENEFITS OF IAM
Access Management
Single Sign-On (SSO) enables admins and daily users to sign-in to all their (configured) applications and corporate resources at the same time. It enhances security and user experience.
Single Sign-On (SSO) enables admins and daily users to sign-in to all their (configured) applications and corporate resources at the same time. It enhances security and user experience.
Authentication the defacto authentication standard using IAM today is Multi-Factor Authentication. Users must authenticate their SSO login attempt with admin-preconfigured authentication factors (like Password, Fingerprint Biometrics, Google Authenticator OTP, SMS or E-Mail OTP, etc.) Considerably improves security. In some cases, is necessary for statutory compliance.
Authentication the defacto authentication standard using IAM today is Multi-Factor Authentication. Users must authenticate their SSO login attempt with admin-preconfigured authentication factors (like Password, Fingerprint Biometrics, Google Authenticator OTP, SMS or E-Mail OTP, etc.) Considerably improves security. In some cases, is necessary for statutory compliance.
Password-less Authentication Going completely password-less ensures the highest level of security and a great user experience.
Password-less Authentication Going completely password-less ensures the highest level of security and a great user experience.
IGA (Identity Governance and Administration)
User Lifecycle Management (ULM) enables automatic new-joinee Account and Entitlement Provisioning based on Rules or Roles, automatic Transferred-Employee Entitlement De-Provisioning and Provisioning, and Terminee Account and Entitlement De-Provisioning. Improves security, reduces manpower costs, and significantly enhances Agility.
User Lifecycle Management (ULM) enables automatic new-joinee Account and Entitlement Provisioning based on Rules or Roles, automatic Transferred-Employee Entitlement De-Provisioning and Provisioning, and Terminee Account and Entitlement De-Provisioning. Improves security, reduces manpower costs, and significantly enhances Agility.
Access Request System (ARS) enables daily users to request access to applications and resources through a streamlined system. Admins can configure who must approve access for the role, or for the resource. Multiple approvers can be set up. Improves user experience and security.
Access Request System (ARS) enables daily users to request access to applications and resources through a streamlined system. Admins can configure who must approve access for the role, or for the resource. Multiple approvers can be set up. Improves user experience and security.
Access Review automates campaigns for periodic review of user access rights. Improves security, visibility, and compliance.
Access Review automates campaigns for periodic review of user access rights. Improves security, visibility, and compliance.
PAM (Privileged Access Management)
Account Discovery automatically scans for Privileged Accounts and flags them in the IAM system. Enables other PAM features to function.
Account Discovery automatically scans for Privileged Accounts and flags them in the IAM system. Enables other PAM features to function.
Cloud Infrastructure Entitlement Management (CIEM) enables special controls for Privileged Account cloud-resource access.
Cloud Infrastructure Entitlement Management (CIEM) enables special controls for Privileged Account cloud-resource access.
Session Monitoring provides controls and real-time monitoring of activities performed during the use of a Privileged Account.
Session Monitoring provides controls and real-time monitoring of activities performed during the use of a Privileged Account.
BENEFITS OF IAM FOR START-UPS
- Increased Agility
- Vastly Improved Security
- Streamlined IT Processes
- IT Cost Reduction
- Significantly Improved User Experience
WHY CROSS IDENTITY™?
WHY CROSS IDENTITY™?
