Benefits and Applications of IAM

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IAM is a short form of identity and access management. It is actually a security system which is built to avoid cybercrimes and online network attacks. It is one of the core security measures used in the IT industry.

IAM works on the mechanism/proctol of identity authentication. It helps the access providers to manage the data access on the basis of their identity.

The working process of IAM happens in two steps, and it happens in reference to - identity and access.

In the first verification, users are identified on the basis of their identity. And in the second step the user is granted the access once the person agrees and verifies the terms of the info they can use within the network.

Identity and access management system functioning is based on many verification processes, like - single sign-on, two-factor authentication, multi-factor authentication, and privileged access management.


APPLICATIONS

Some of the applications of IAM are -

  • API Security: 

It enables IAM for integration to the cloud, microservices-based architecture, Single-sign-on (SSO) applications, and Internet of Things (IoT) device authorization.


  • Customer Identity and Access Management (CIAM): 

IAM also helps in comprehensive self-service, profile, and authentication management of users in the Customer Relationship Management (CRM) and Enterprise Resource Planning (ERP) space.


  • Identity Analytics (IA): 

IAM is used for detection and prevention of risky identity behaviors by using artificial intelligence and statistical algorithms.


BENEFITS


Perks of using Identity and access management for security purposes are -

1. It provides access privileges to secured data and access is granted on the basis of policy.

2. Every individual and services are properly authenticated, authorized, and     

    audited to make sure that data is not breached.         

3. Greater control of user access to the companies.

4. Allows people to work more efficiently and without any much time wastage.


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