What is identity access management?
First, it’s important to answer the question: What is identity access management? The simple definition of IAM is how companies determine who has access to what information. Companies put tools, frameworks, and processes in place that are designed to maintain least-privilege access, or the minimum amount of access to company data, applications, and devices that employees or other stakeholders need. Each user is assigned a role or digital identity, and the person’s assigned role determines the amount of access they have. For example, a new employee with the title of HR manager is assigned a role in the IAM system, and that role has a set of predefined permissions that gives the user access to tools like Workday or any other apps.
Companies use IAM tools to organize and manage different levels of access, including onboarding, offboarding, and role changes. If the person changes roles or leaves, the IAM system automatically changes permissions accordingly. These tools use a variety of security levels, including two-factor and multifactor authentication and privileged access management. They can be deployed in the cloud, as a hybrid, or on-premises. Having an identity access management architecture in place safeguards company data, systems, and information from both external and internal threats to make sure users only have access to relevant information.