Build vs Buy: Guide to Identity Management
Identity and Access Management (IAM) refers to a service or platform that identifies individuals and controls their access to system resources through user rights and restrictions.Identity management is important for security and increases the productivity of users by implementing a central directory: users don’t need to remember and keep track of several different usernames and passwords. IAM also helps protect companies and their users from data breaches. In 2015, the average total cost of a data breach was $3.8 million.
Report Snap Shot
We’ll cover IAM benefits with regard to all three business types in this paper. Identity management encompasses many different authentication solutions, including but not limited to:
- Federated Identity
- Single Sign On (SSO)
- Enterprise Federation