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Source AlienVault.webp AlienVault Lab Blog
Identifiant 8299486
Date de publication 2023-01-10 11:00:00 (vue: 2023-01-10 11:06:26)
Titre Key to success while implementing IAM- Best practices that every company should implement
Texte The content of this post is solely the responsibility of the author.  AT&T does not adopt or endorse any of the views, positions, or information provided by the author in this article.  Identity and access management has emerged as an essential security element for organizations. A study reveals that 80% of global IT decision-makers have already adopted or are planning to adopt an IAM solution in the upcoming years. IAM refers to business policies, processes, and technologies to control unauthorized data and digital systems access. Two IAM approaches are widely known, one for the cloud and the other for on-premises. The cloud based IAM practices are fast-growing because the demand for cloud adoption has increased over time. With the right IAM solutions and techniques, IT managers and businesses control users' access to sensitive business data within their networks. In addition, these solutions help protect organizations from cyber-attacks; they become more efficient, reduce IT operational costs, and improve user experience. Six best IAM practices that organizations must not neglect The IAM framework means using the right solution to implement user authentication and privileges policies. In addition, with IAM, companies demonstrate that any data is not misused, and they comply with government regulations. For all these characteristics, businesses are increasingly adopting IAM solutions, and their demand will undoubtedly be high in the upcoming time. It's also estimated that the IAM market will grow to $15.3 billion by 2025. The organization needs to use the right IAM tools and practices to reap the most benefits from the IAM solution. The six best IAM practices that every business should incorporate into its security strategy are as follows: Adopt passwordless authentication Many data breaches occur because of weak or stolen credentials. Threat actors can use advanced tools and tactics to steal and break passwords. Organizations need a secure identity management system to prevent bad actors from breaking in and stealing credentials that can result in breaches such as the Lapsus$ attack or the Colonial Pipeline ransomware attack. Organizations eliminate password issues by choosing passwordless authentication to protect vital business data and ensure that only authentic people access it. Passwordless authentication enables users to authenticate their identity without entering a password. There are various benefits for organizations to become passwordless- it enhances the overall efficiency, saves time and productivity, and provides greater ease of access. But, most importantly, passwordless authentication allows IAM leaders and users to access the cloud environment safely and securely. Implement a Zero-Trust approach The zero-trust approach is not new but has gained popularity as the threat landscape is evolving. Organizations cannot have a robust IAM policy without a function zero-trust architecture. The average cost of a data breach is $4.24 million, but the zero-trust model helps re
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