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How the Modern Identity Governance Solutions Enhance Security of the Digital Enterprises?

In times of progressive digital transformation, Identity governance is one of the most neglected branches of cybersecurity. That is why it is crucial for the enterprises to adopt or to update their current identity governance in 2022. And before implementing or updating such identity management tools, the companies should ask several important questions such as: How they ensure the permissions their users have are appropriate to their roles? Can enterprises prevent users from accumulating unnecessary privileges? How can enterprises improve their visibility into their users’ identities?

In case your corporation enterprise doesn’t take these questions into account, you may face challenges with external and internal threats. It is critical for the companies to be able to see, understand and govern their users’ access to all business applications and data. This turns identity into a business enabler for organizations, helping them to properly secure and govern all of their digital identities at the speed of business today.

Identity is not only a number of employees

When talking about identity governance, enterprises often think only about the individual users operating under their scope: their employees. That’s ok, but the corporations must bear in mind their contractors, partners, and other third parties when considering access management and identity governance in 2022. If all these groups of people have access to the network, their permissions should be as strictly controlled and monitored as any of your employees.

Furthermore, your identity governance in 2022 must extend beyond the identities of people including also the identities held by applications and software. These can move through your network and access data in much the same way a human user can. Allowing them free govern in your databases can only lead to serious issues. So, application identity governance tools are only going to become more important as cloud applications and cloud architecture continue to transform enterprises.

Identity Governance could be effectively combined with PAM

In fact, maintaining proper role management through identity governance in 2022 makes a key assumption. Specifically, the users logging in are the users to whom the account belongs.

Bad circumstances such as password sharing, stolen credentials, and phishing attacks can place your employees’ identities at severe risk; this applies doubly if the employees in question have significant administrative powers within the network. By incorporating robust privileged access management with your IGA solution, you can prevent hackers and insider threats from turning your role management against you. This can include implementing granular authentication, implementing multifactor authentication, and deploying behavioural analysis to observe discrepancies.

The benefits of modern Identity Governance solutions

Nowadays the benefits of modern Identity Governance solutions go beyond security. Modern Identity Governance solutions empower organizations with automated workflows that can streamline access requests, detect permission discrepancies, and handle temporary assignments to help your IT team prioritize other projects, thus, eliminating human errors. Organizations can also manage their non-employee identities e.g. – third-party vendors or partners without disruptions and ensure strict monitoring of their access in the network. Without proper identity access governance, it is challenging for organizations to assign and keep track of the applications and resources that identities have access to. Some organizations have hundreds, even thousands of applications.

Here are several important ways that identity access governance benefits your business:

  • Visibility

Let’s say it right: you can’t protect what remains unseen. That is why visibility represents the heart and soul of cybersecurity. Identity governance provides visibility and monitoring over employee and user permissions. Also, it helps IT admins get a high-level view of what’s happening across the IT environment, allowing them to quickly make changes and troubleshoot problems that could have easily become worse if left untreated.

  • Streamlined User Identity Lifecycle Management

When onboarding and offboarding, managers and IT personnel typically had direct physical access to the resources that they needed to manage and change, but now that’s not necessarily the case. This means that new solutions need to be leveraged to maintain the proper level of control over users, devices, networks, and other IT resources, and this is where an IGA solution becomes integral.

  • Enhanced Compliance and Security

Identity governance also helps businesses meet their compliance needs. Almost all IGA solutions provide out-of-the-box compliance reports for easy fulfilment; additionally, it can often fill those reports automatically, alleviating a burden on your IT security team. The modern Identity Governance solution reduces risk and improves compliance and security by managing access control in a comprehensive and streamlined manner. By using tools that streamline user identity lifecycle management, your organization is at less risk for the wrong users having access to confidential information, and you have higher visibility into what different users do and do not have access to.

  • Risk Management

IGA solutions enable a robust approach to managing and governing access by focusing on three aspects of access. First, they practice least privilege access, eliminating excess privileges and granting access to only those who absolutely need it in order to do their jobs. Secondly, they terminate “orphaned” accounts as quickly as possible. These accounts that are no longer being used, either because an employee is no longer with the company, or any other reason, are perfect targets for those looking to breach the environment. Finally, IGA solutions monitor for segregation of duty (SoD) violations. This critical risk management concept dictates that no single individual should be able to complete a task, creating a built-in system of checks and balances.

With these clear, measurable benefits, it’s easy to see why Identity governance solutions are quickly becoming an essential component in many organizations’ security strategy. Identity governance in 2022 will not be a panacea. It must be a part of a comprehensive cybersecurity platform, made of well integrated and well-thought-out solutions.

How Does Identity Governance Achieve Security and Compliance?

Nowadays, in the era of Digital Transformation, more and more organizations and people are using the new technologies of smart devices, cloud computing and social media to shop, to buy or deliver services and for other commercial purposes. In this hyperconnected world, Electronic Identities (IDs) provide the opportunity for organizations to know their customers and at the same time to secure information systems and sensitive data. Both objectives are successfully achieved by Identity Governance process.

Simply explained, Identity governance is a policy-based centralized orchestration of user identity management and access control. Identity governance helps support enterprise IT security and regulatory compliance. Organisations are facing rising demands and compliance regulations while managing the access and support of many devices and systems that carry critical data.

What Does Identity Governance Perform?

Identity Governance and Intelligence solutions help companies to create and manage user accounts and access rights for individual users within the enterprise. In this way the companies conveniently manage user provisioning, password management, access governance and identity repositories. IGI Solutions also enable companies to make sure that they take appropriate actions to meet compliance challenges. They help conduct a more accessible and useful review process with a reporting ability to meet significant government and industry rules. Besides, IGI solutions perform a great visual approach, allowing the users to witness privileges and certifications in a user friendly and graphical display.

  • Role Management

Key capability of identity governance and intelligence solution is role management, which is deeply tied into the Principle of Least Privileges. This Principle states employees and users only have the minimum permissions necessary to fulfil their job functions. Furthermore, role management allows your IT security team to monitor permissions and privileges on each user’s account. With the availability of the visibility, the security team can remove any unnecessary permissions they detect.

  • Centralized Access Requests

Without centralizing the access requests, the IT security team must handle each request manually, which is hard and time-consuming process. To avoid such situation, identity governance solution should include a centralization portal for all access requests. This portal helps you to connect all of the applications in your IT environment. Besides, the administrators can monitor the usage of the special permissions and can submit and process access requests, approvals, and denials in more efficient manner.

  • Identity Lifecycle Management

In identity and access management, Identity Lifecycle Management refers to the processes utilized in creating, managing, and removing a user identity from your network. Without the right permissions, your employees cannot perform their jobs properly and providing the wrong permissions could create cybersecurity issues. That is why Identity Governance solutions can help your IT security team onboard and offboard permissions efficiently and with securely.

  • Managed Services

It is crucial for the security of the enterprise to protect and monitor the permissions of your third party-users and applications, vendors, customers, and partners. Each of these identities requires identity governance to operate securely. In case your enterprise’s IT security team is not able to handle governing all of these users, your IGI solution provider can help you manage these tasks remotely. By the help of managed services, it is possible to provide 24/7 identity monitoring and to process the role management, compliance reporting, and access request features.

What Challenges Does Identity Governance Address?

  • Compliance

With regulations like the GDPR, SOX, and HIPAA industries pay attention to access issues more than ever. The security measure to limit and to monitor the access to those that need it, is not enough. Now it is becoming critical to stay in compliance with these regulations, as well.

IGI solutions not only ensure that access to sensitive information (such as financial data) is strictly controlled, but they also enable organizations to prove they are taking these actions. Enterprises can receive audit requests at any time. A good IGI solution makes the required periodic review and attestation of access business friendly, effective, and comes with built-in reporting capabilities to meet the government and industry regulations. Taking a visual approach to the data makes the whole process more accurate and easier to deploy to the business.

  • Risk Management

IGI solutions reduce the exposure of sensitive data by limiting and guarding access to information. They enable a robust approach to managing and governing access by focusing on three aspects of access:

First, they practice the principle of least privilege, eliminating excess privileges and granting access to only those who need it in order to do their jobs. Secondly, they terminate “orphaned” accounts as quickly as possible. These accounts that are no longer being used (because of an employee dismissal or some other reason) are perfect targets for cyber criminals aiming to breach the environment. Finally, IGI solutions monitor for segregation of duty (SoD) violations. This critical risk management concept dictates that no single individual should be able to complete a task, creating a built-in system of checks and balances.

  • Business Changes

Companies develop and change constantly and IGI solution makes these changes more efficient and less risky. IGI solutions provision access based on roles, and not on individual accounts, that’s why the strategy of Role Based Access Control (RBAC) works equally well for small changes (like individual promotions or transfers) and large changes (like mergers, acquisitions, and corporate reorganizations). IGA solutions efficiently shorten the timeline for executing bulk additions or transitions of user accounts by automating and streamlining provisioning and approvals.

Considered as a part of Identity and Access Management (IAM), Identity Governance offers organizations increased visibility of identities and access privileges of users. That gives them the opportunity to effectively manage who has access to what systems and when. Identity governance empowers the business to do more with less, meet increasing audit demands, and make the companies more secure, while enabling them to develop at the same time.