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vSecureLabs Launches Identity & Access Management (IAM) Service

05-12-2022 10:55 AM CET | IT, New Media & Software

Press release from: vSecureLabs

vSecureLabs Launches Identity & Access Management (IAM)

Identity and access management (IAM) is a framework that consists of policies, technologies, and processes that helps organizations to manage and control the user's access to critical digital assets and data.

IAM ensures that users are assigned the right level of access based on their specific role in the organization and hence improves the security posture and user experience.

Why is IAM Important?

We live in a world where new cyberattacks make it to the news every other day.

With advancements in technology, as security mechanisms are getting stronger, so are cyberattacks.

Attacks have become more intense, frequent, and targeted than ever and credential theft is one of the most common ways attackers deploy these attacks.

According to Verizon, compromised credentials account for 61% of cyber breaches, making it one of the most common causes of malicious attacks.

This is why leveraging the security benefits of identity and access management is very important.

The concept of IAM minimizes the chances of unauthorized access, theft, misuse, or manipulation of critical digital assets.

Here are the reasons that make identity and access management important:

● IAM ensures that the right resources are available to the right people at the right time.

● IAM allows continuous monitoring and detection of any unusual transactions in order to prevent insider risks.

● IAM solutions help your organization achieve regulatory compliance and improve the security posture of your organization.

Who Can Use IAM?

IAM solutions are useful for any organization that owns and uses digital assets and is concerned about securing its resources.

IAM solutions are specifically useful for IT and security teams to administer user identities and regulate access to enterprise resources.

Some of the most prominent users of IAM include customers (covered under customer identity management) and employees (covered under employee identity management).

IT managers and admins can use IAM technologies to ensure that only authorized users have access to the organizational applications and assets.

What is IAM Composed of?

A typical IAM solution is composed of multiple components, including the following:

1) Single Sign-On:

It is an authentication mechanism that allows a user to log in to multiple applications and software systems using a single set of credentials.

2) Multi-Factor Authentication:

It's an electronic authentication approach in which a user can only access a digital resource after passing two or more levels of authentication.

3) Privileged Access Management:

It is a system that grants higher permission levels to accounts that need access to critical resources. It is based on the principle of least privilege.

4) Zero-Trust Architecture:

The zero-trust architecture assumes that there is no implicit trust granted to assets or user accounts and verification is conducted at every level.

5) Risk-Based Authentication:

Risk-based authentication use real-time intelligence to get a comprehensive view of each login.

It takes into account the details like profile, device, time of access, etc. to determine the probability of account compromise associated with a specific transaction.

When to Use IAM?

Identity and access are two key entry points that are often targeted by cybercriminals in order to get access to an organization's critical assets.

As more and more organizations are adopting digitalization and expanding their cloud space, the attack surface is also expanding exponentially.

This leads to increase in risk vulnerability and we need to be more proactive and vigilant than ever about securing our digital assets.

This is when IAM comes into play.

If you are an organization that takes its cybersecurity seriously, then there cannot be a better time than now to implement a reliable IAM solution and start using it.

Where Can IAM be Used?

IAM can be used by any organization that uses or owns digital systems and assets and wants to stay secure from cyber-attacks, specifically the ones that occur due to credential theft.

IAM can be used by any business, irrespective of the size of the organization or the industry it belongs to.

How to Implement IAM?

Now that we understand how IAM helps organizations efficiently to improve their security posture and solve some of the major business issues, it is affirmative to say that you can get desired results only if the IAM solution is implemented correctly.

Here are the steps to be followed for an efficient IAM implementation:

1. Define user roles and determine the scope and privilege of access associated with those roles. Also, decide on policies that will regulate and manage the roles and keep the security admin informed of them.

2. Ensure that the data to be integrated with the IAM framework is accurate and that there are no duplicate or mismatched records.

3. Precisely analyze the current business process and decide the processes to be integrated.

4. Keep all the concerned parties informed of the need and implementation of IAM and the benefits it has to offer.

5. Have a thorough plan for solution deployment, before actually starting with the implementation to avoid any last-minute chaos.

If implementing IAM for the first time, it's better to invest in a proper IAM roadmap (or) approach an IAM service provider like vSecureLabs, so that you can have a better insight into how to make the deployment more effective for the entire organization.

IAM: Key Benefits:

IAM offers the following benefits to your organization:

● Strengthens the security posture of your organization

● Eliminates the risks of weak or default credentials

● Minimizes helpdesk requests by automating password resets

● Minimizes the insider threat risks

● Provides industry regulatory compliance and audit requirements

● Reduces operating costs and IT department workload

● Simplifies sign-up/sign-in and user management processes

● Facilitates collaboration and information sharing between business units

Know more: https://vsecurelabs.co/

###

vSecureLabs,
3831 McCoy Dr Unit 101,
Aurora, IL 60504,
United States.
vamsi@vsecurelabs.co

About vSecureLabs:

vSecureLabs was founded in 2015, with the aim of identifying, preventing and removing security threats from your organization.

It has experts with 20+ years of core experience in IT Security.

vSecureLabs provides the right identity and access management (IAM) solution that is required to protect your businesses from cyber-attacks.

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