While it may be rhetorical nowadays, some IT organizations are still wondering, “Why implement identity management?” This question is one that is on the mind of any corporation, be it a small startup or a multinational empire. For most, identity management solutions are already in place. Some cases use a manual process, but they are still implementing identity and access management (IAM) nonetheless. As an organization grows, the importance of identity management becomes even greater. For those organizations that already have something in place, the question is less about whether IAM makes sense, and more about why they should move to cloud identity management, the modern incarnation of identity and access management. Either way you slice it, there are certainly pressing questions for any organization regarding IAM.
The Importance of IAM
Before we get into how different organizations should think about solving their identity management puzzle, it’s always good to look at the core of why identity management is even important. There are three major reasons: security, productivity, and efficiency/cost savings. Let’s hit each of these head on.
According to a report from Verizon, 81% of all breaches today are a result of insecure identities. If you haven’t locked down your user access and your users aren’t savvy about protecting themselves, it could be a difficult battle. Identities are the easiest way in for bad actors, so securing them is a necessary precaution for any enterprise, no matter the size.
Your end users need access to IT resources to do their jobs in this modern era. Easily connecting them to what they need makes them more productive. Recent studies show that companies that implement cloud-based IT services like identity management grow by almost 20% compared to others that do not (McAfee). By having a solution in place that can work with just about any IT resource, end users can leverage the best tools possible, and their company’s productivity increases.
*** This is a Security Bloggers Network syndicated blog from Blog – JumpCloud authored by Zach DeMeyer. Read the original post at: https://jumpcloud.com/blog/why-implement-identity-management/