IAM is the field of determining policies for who has access rights to information assets in an organization.
The issuing of these rights will provide restricted access to select individuals. It is at the core of information protection, and of compliance programs with all ordinances that control access to information.
IAM processes are used to initiate, capture, record and manage the user identities along with associated access permissions to the organization’s proprietary information. These users may extend beyond corporate employees. For instance, users could include vendors, customers, floor automated machines, generic administrator accounts and electronic physical access badges. The means used by a governing body to facilitate the administration of user accounts and to implement proper controls around data security forms the foundation of IAM. Although many executives view IAM as information technology (IT) function, this process affects every business unit throughout the establishment. For example, executives need to feel comfortable that a procedure exists for handling access to company resources and that the perils inherent in the process have been accosted for. Business units need to know what IAM is and how to manage it effectively. IT departments need to understand how IAM can support business processes and provide sound results that adapt to corporate objectives without endangering the company to undue risks.
IAM projects in organizations are mainly the integration projects. Major tasks involve configuring the system to reflect the business, and also integrating the components of the system with the infrastructure of the organization. The major element in selecting an IAM suite is its fit with the existing technology in the organization.
Identity administration tasks are complex, particularly when the authorization requires the participation of multiple asset owners. IAM tools generally offer a workflow-based configurable process model. It is advantageous if this workflow engine is open and allows the integration of IAM processes with wider management processes, so that provisioning can be seamlessly and automatically incorporated into other management activities.
Every large and medium enterprise needs an IAM system to increase its operational efficiency to improve its security and compliance needs. IAM projects showcase business process automation. A need to be approached from a business perspective post IAM deployments is a necessity. Most of the major vendors provide a comprehensive coverage of the solution space. However, some are easier to employ and to integrate with existing infrastructure. An IAM project is all about integration with the IT infrastructure and with business processes.
Adaptability of IAM in Americas is high because of the presence of large enterprises, the growing occurrence of cyber-attacks, and the increasing number of hosted servers.
By components, Single Sign On and password management are most used components in the organizations to manage passwords and authentications of the user.
Cloud based IAM is fast gaining recognition as more and more companies are adopting this because Cloud IAM is the solution that provides IAM as a pay-as-you-go model which requires minimal initial investments and is maintained by third party service providers.