Identity Governance & Administration (IGA): How Is It Essential for Businesses?
As everything turns digital, organizations have more devices connected to the internet, and hence higher concern for security. Additionally, if users have unnecessary or excessive data on the system, it increases security risks and makes organizations more vulnerable to data breaches and cyber-attacks. Earlier managing user identities and access effectively in such a complex IT environment was challenging but things have been easier with Identity Governance & Administration (IGA) coming into play.
With this, businesses can track and control user access for cloud-based and on-premises systems, ensure that legitimate users can access systems and data, and detect unauthorized access. By implementing proper security measures with IGA strategy, organizations can reduce the risks of cyber threats and maintain regulatory compliance.
Here we discuss the importance of Identity Governance & Administration (IGA). Let us get started.
What is Identity Governance & Administration (IGA)?
IGA is gaining attention in the digital world. But what is Identify Governance & Administration (IGA)?
IGA solutions enable corporate information security, risk management, compliance, and IT teams to efficiently administer digital identities and access rights. By implementing Identity Governance & Administration (IGA) solutions, companies can improve security, simplify operations, streamline user onboarding, and meet government regulations, industry standards, and corporate policies.
How Does Identity Governance & Administration (IGA) work?
IGA solutions manage, secure, and control access rights for organizations. The use of these solutions plays an important role in maintaining the integrity of data, maintaining compliance with regulations, and ensuring overall security.
The primary function of IGA is to administer user identities, roles, and permissions across all systems and applications within an organization. It automates the creation, modification, and revoking of user access, ensuring that each user has the correct level of access based on their role, manage access workflows, identity risk management, certification/attestation, access reviews, managing rogue and orphan accounts etc.
Effective IGA Strategies: Key Elements of Successful Identity Governance & Administration (IGA) strategy
Consider a few key factors to develop an effective Identity Governance & Administration (IGA) strategy. Here are three essentials:
Integrated Connector Framework
With the help of connectors, IGA tools can integrate with directories and other enterprise applications to control access for users and their authorized entitlements to use those systems.
Workflows for Managing Access Requests
Using automated workflows makes requesting access to systems easier for users. The application owner can also easily onboard and offboard users and decide what level of access users need to applications and systems with administrative controls.
Role-Based Access Control for Users and Entitlements Provisioning
Using Role-Based Access Control (RBAC), users can only access the information required to perform their job duties based on their roles. The user entitlements can determine what level of access they have within the target application. RBAC prevents breaches and increases enterprise security by preventing unauthorized access.
Segregation of Duties (SoD)
By creating rules, teams can ensure no one gets risky and conflicting access or transaction rights. For example, SoD controls would not let a user transfer funds carelessly or maliciously from a corporate bank account to an external one. A SoD control should exist in an application and across multiple systems. A typical example would be the case where SOD ensures that a user having requester role must not have the approver role for the same request.
User Access Reviews
By leveraging IGA strategy, administrators can easily review and verify user access to various apps and resources. Moreover, it simplifies the process of revoking access (e.g., after a user leaves the company).
Reporting and Analytics
Using IGA solutions, security professionals can detect security threats and alert authorities when high-risk situations occur. Reports on compliance and security improvement can also be generated, remediation processes could be initiated, policy violations addressed, and remediation processes could start.
How Identity Governance & Administration (IGA) Transforms the Security For Your Organization?
Organizations embracing digital transformation require a consistent architecture for operationally governing and managing their rapidly-evolving digital ecosystem. IGA aims to ensure authorized access when and where it is needed, and it is one of the strong pillars within the Identity & Access Management (IAM) umbrella that deals with making appropriate decisions regarding identity management.
Identity Governance & Administration (IGA) solutions ultimately improve an organization’s security posture and provide valuable insights regarding user activities and requirements.
Here are some benefits provided by Identity Governance & Administration (IGA)
Operational Cost Reduction
It is important to note that Identity Governance & Administration (IGA) automates labor-intensive processes such as the certification and request for access, the management of passwords, and provisioning, reducing operation costs significantly.
Additionally, it enables business users to request access and manage passwords, saving IT operations and helping desk teams’ time and effort.
In addition to enhancing internal controls and reducing risk, dashboards and analytical tools provide organizations access to various information and metrics.
Enhance Security and Reduce Risk, Regulatory Compliance
The centralization of visibility allows individuals and organizations to understand permissions, policies, and controls, enabling them to identify inappropriate access, policy violations, or weak control areas that may pose a risk to their organizations.
Through Identity Governance & Administration (IGA) solutions, businesses and IT users can identify and remediate risks posed by risky employee populations, policy violations, and excessive access privileges. Automated access certifications can ensure that organizations can reduce risk, meet regulatory standards like SOX, HIPAA, and GDPR regarding privacy and security. IGA solutions support robust out of the box reporting capabilities.
Provide Fast, Efficient Business Access
Providing timely access to the resources needed to perform their duties, Identity governance & Administration (IGA) enable your users to become more productive more quickly and to remain productive, regardless of how often or how much their roles and responsibilities may change.
Enhances the Scalability of Enterprises
IGA solutions help organizations manage large number of identities seamlessly through centralized management and automated role based access control.
Who Needs Identity Governance & Administration (IGA) Solutions
Organizations can utilize Identity Governance & Administration (IGA) solutions to secure and manage their digital identities. IGA solutions help strengthen security postures, comply with regulatory requirements, and streamline identity management processes. IGA solutions are beneficial to a wide range of organizations and industries, including:
- Organizations and enterprises: The IGA solutions are especially useful for large organizations with a large workforce, contractors, and partners. Centralizing user identities, compliance processes, and access controls simplifies management of identities.
- Industries subject to regulation: There are a lot of regulations in industries like finance, healthcare, government, and energy (like GDPR, HIPAA, SOX). With IGA solutions, organizations can monitor user activities, enforce access controls, and ensure compliance with regulatory standards.
- Organizational data security: IGA solutions assist businesses in protecting their data and mitigating risks. By using these tools, it is possible to prevent unauthorized access to sensitive information, limit its vulnerability to attacks, and protect sensitive data.
- Cloud-Driven Businesses: It becomes increasingly difficult for organizations to manage identities and access across a variety of platforms as they adopt cloud services and hybrid environments. IGA solutions provide secure access to on-premises and cloud resources.
Streamline Identity Governance & Administration (IGA) with IDM Technologies
With organizations accelerating workloads to the diversifying softwares, infrastructures, and platforms, IDM Technologies can help you mitigate both on premise and cloud risk related to overly permission privileged identities. By implementing an IGA solution to your business, IDM technologies can help you build a layer of security restricting data to a limited the required number of people with required rights. We go over the full-fledged process to implement IGA solutions in a way that helps provide security and personalize the customer experience. Contact our Advisor at IDM Technologies to explore and discuss further regarding your Identity Security journey. We will help you select the right IGA tool and implement world-class solutions backed with our expert services for your business.
We #SimplifyIdentitySecurity
