With so many devices and users accessing networks, applications and data, identity access management (IAM) has become a cornerstone of cybersecurity best practices. The short explanation is that you must make sure everyone (and everything) is who they claim they are. You also need to make sure they are allowed to have the access they’re requesting.
Multiple options for identity access management exist today. You might encounter privileged access management (PAM), identity-as-a-service (IDaaS) or cloud permissions management (CPM). So, choosing an identity management approach can be confusing. Which acronym is right for you?
Identity Management Becoming More Important
At a basic level, IAM uses a password and username to verify a user. Many more advanced identity management processes are now also on the market, such as multifactor, biometric and risk-based authentication.
Today, Internet of Things (IoT) sensors are common and more people work remotely. So, more devices are attempting to gain access, making IAM even more important. In the past, manufacturing plants likely only had employees accessing the company’s systems from their computers at work. Now, employees log on from their phones, tablets from the production floor and their laptops when working from home. In addition, today’s manufacturing processes include many IoT devices that send data in real-time to make sure the robots used for production are safe and efficient.
Each of those devices and access locations offers a chance for attackers to breach the network. So, identity management is critical. Forrester found that 80% of all breaches are the result of compromised privileged credentials.
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