Role of Identity Governance and Administration (IGA) in Security and Compliance
Capable Identity Governance and Administration programs allow companies to mitigate risk, enhance compliance, and boost efficiencies in their business.
FREMONT, CA: In the complex maze of managing user rights, permissions, and accounts, tracking who has access to the resources becomes quite impossible. Organizations are facing rising demands, mandates, and compliance regulations while managing the access and support of many devices and systems that carry critical data of the organization. Identity Governance Administration (IGA) solutions help them with the ability to create and manage user accounts and access rights for individual users within an organization. It reflects that companies can more conveniently manage user provisioning, password management, access governance, and identity repositories.
With the help of a survey, it was found that around 86 percent of organizations consider that Identity and Access Management is enormously essential for their business. When it comes to controlling access within an organization, nearly 70 percent of users end up having more access privileges than what is required in their job profile. It shows that the department has conducted a bulk approval for access requests and has not reviewed the user access individually. Moreover, the acute shortage of staff and appropriate processes and solutions also contribute a fair amount to achieve excessive privileges within the organization. Giving employees too much access privilege than necessary can expose the organization to insider threats and expand risk all through the business.
It is essential to make sure that users have suitable access so that the organizations strengthen their risk management and security postures. But in the present time, companies are facing many insider threats, such as phishing and other social engineering activities, which can provide hackers with user credentials.
IGA solutions also enable companies to make sure that they take appropriate actions to meet compliance formalities. They help conduct a more accessible and useful review process with a built-in reporting ability to meet significant government and industry rules. Revolutionary IGA solutions additionally do perform with a great visual approach, allowing the users to witness privileges and certifications in a user-friendly and graphical display. Besides, it also reduced the risk of errors and minimized the chance of access not being completely understood.