In March 2020, the enterprise business landscape drastically changed. Within two weeks, thousands of businesses closed, working remotely became the new normal, and malicious hackers took the opportunity to attack the increasingly vulnerable business systems. Enterprises, with poorly structured or monitored identity and access management system became a common target for cyber attackers. In such a long-lasting situation Identity governance and administration (IGA) is a critical component in reducing identity-related vulnerabilities and creating policies to manage access compliance. Now, more than ever, we need these two things to overcome the challenges of post-COVID-19 enterprise business security.

Why Identity Governance matters?

Organizations embracing digital transformation need a consistent framework for operationally managing and governing their rapidly expanding digital ecosystem and IGA is an important piece. At its core, the goal behind IGA is to ensure appropriate access, when and where it is needed.  IGA is the branch of identity and access management that deals with making appropriate access decisions. It allows your company to embrace the benefits of hyper-connectivity while ensuring that only the right people have access to the right things at the right times. When it’s done right, IGA improves the security and gives valuable insights about employee activity and needs.

In this article we will explain why Identity Governance matters and why it is a critical factor for the companies in their journey to the digital transformation.

Identity Governance and Administration (IGA) is becoming increasingly important amongst Identity and IT Security professionals. This is an area that provides operational management, integration, security, customization and overall support for an enterprise IAM program. IGA combines the entitlement discovery, the decision-making process, and the access review and certification of access governance with the identity lifecycle and role management of user provisioning. Inappropriate and outdated access to the company resources is a commonplace in many enterprise IAM programs today and it creates substantial risk. A comprehensive IGA program across diverse constituencies can help identify and manage these risks and address compliance requirements. Organizations can implement IGA in phases, making it easier to adopt and will quickly find it provides a solid foundation for reducing risk and improving security.

  • IGA Delivers Timely and Effective Access to the Business

Identity governance and administrations give your users speedy and efficient access to the resources required to do their work. It makes it happen by leveraging tools such as single sign-on software equipped with functionalities like multi-factor authentication and more. This allows them to become and stay productive regardless of how quickly or how much their responsibilities change.

Likewise, IGA also authorizes business users to manage and request access, which reduces the amount of work in information security or IT operations teams. Your employees can meet service level requirements with automated policy enforcements without compromising compliance or security.

  • IGA Automates labor-intensive processes

Identity governance and administration cuts on operational costs by automating labor-intensive processes such as password management, user provisioning, and access requests. Automation helps IT administrators save time on administrative tasks and fulfill business needs of higher importance.

Many IGA tools provide a simple user interface through which users can self-assist their requirements and address service requests independently without IT admins’ intensive involvement. The tools provide a dashboard that populates with metrics and analytical data on user access controls, helping organizations optimize and reduce associated risks.

  • Regulatory Compliance

With regulations like the GDPR, SOX, and HIPAA the industries are focusing on access issues more than ever. Limiting and monitoring access to only those that need it is not only a crucial security measure, but one that is becoming critical to staying in compliance with these regulations.

IGA solutions not only help ensure that access to sensitive information like patient records or financial data is strictly controlled, they also enable organizations to prove they are taking these actions. Organizations can receive audit requests at any time. An effective IGA solution makes the required periodic review and attestation of access business friendly, effective, and comes with built-in reporting capabilities to meet relevant government and industry regulations. Taking a visual approach to the data can make this whole process more accurate and easier to deploy to the business.

  • Identify risks and strengthen security

Organizations face significant threats from compromised identities triggered by stolen, vulnerable, or default user credentials. With a centralized and comprehensive overview of user identities and access privileges, identity governance and administration solutions empower IT administrators to identify weak controls, policy violations, and improper access that can open the organizations to disruptive risks and rectify these risk factors before they escalate. It keeps track of user identities and allows you to detect compromised accounts, which enables you to strengthen your assets’ security.

  • IGA Monitors the Non-Employee Identities on Your Network

Making identity governance a business process priority means exerting concrete control over your network. You can use it to monitor and regulate the behaviour of your enterprises’ nonhuman and third-party identities, ensuring they participate only in the necessary workflows.

Identity governance can segment and restrict, enforcing discipline when programs try to take advantage of every leniency. In this case, you can view identity governance not only as a cybersecurity measure but as a way to keep your workflows uncluttered.

Identity Governance and Administration (IGA) provides the identity foundation that powers today’s most important security initiatives, including Zero Trust, Digital Transformation, and Cyber Resilience. With a comprehensive IGA program, you’ll have the critical capabilities and identity services to bridge data and product silos and adapt at the speed of change.