Business & Finance
What is an IGA Solution, and Why Does Your Business Need It?

What is an IGA Solution, and Why Does Your Business Need It?

An IGA solution improves visibility into access entitlements and streamlines identity management, access control, and risk mitigation. It also enhances auditing and compliance and helps keep up with regulatory requirements.

IGA solutions help IT admins automate routine digital identity and access rights management functions to reduce human errors, eliminate manual processes and increase visibility. This helps to lower costs, boost productivity and ensure employee compliance.

Security

Identity governance and administration (IGA) tools like the Omada IGA solution help IT admins manage access control more effectively, mitigate risk and protect business-critical systems and data. They also help improve compliance and audit performance

As digital work environments grow in complexity, IT and security teams need a solution to support various apps and onboarding processes. Whether on-premises or cloud, they need a flexible and scalable approach to IGA that’s tailored to each business’s unique challenges.

To meet these challenges, organizations need IGA solutions that deliver five key benefits:

IGA solutions provide a comprehensive view of all user access and enable IT admins to easily track and verify all privileged user actions within their environment. This includes identifying and revoking accounts that no longer have a legitimate use, such as if an employee is no longer working for your organization.

IGA solutions enable organizations to lower the risk of a data breach by rigorously guarding access to sensitive information. They practice least privilege access, terminate ‘orphaned’ accounts as quickly as possible and monitor for segregation of duties violations to ensure no single user can complete an end-to-end transaction without proper checks and balances.

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Compliance

IGA solutions provide a robust identity lifecycle management environment, which helps organizations ensure compliance with GDPR, HIPAA, SOX, and PCI DSS regulations. They also support auditing procedures for compliance reporting.

In addition, they offer a variety of features to improve security and reduce risk. These include contextual risk-based access review, identity-level visibility and control, and real-time alerts.

One common IGA challenge is the many identities in an organization’s IT environment, which can be created using various technologies and platforms. This creates a significant compliance and security headache since each identity needs to be managed.

The right IGA solution can help automate these processes and streamline access review and revocation workflows. This reduces human error and allows security personnel to quickly detect inappropriate access, mitigate risk and ensure regulatory compliance.

IGA solutions also help reduce the risk of data breaches and other cybersecurity incidents by ensuring that only authorized users can access confidential information. This helps reduce the risk of internal and external attacks, damaging an organization’s reputation and leading to costly regulatory fines and legal settlements.

IGA solutions are essential to a strong security and compliance program for any small or large business. They help companies meet regulatory requirements, safeguard sensitive data, and bolster trust with new clients.

Identity Management

Identity management enables organizations to ensure that the right people and roles have access to the systems they need, at the right time, for the right reasons. It also helps to protect user data and ensure a secure online experience for all.

Identity Management solutions allow users to sign on using one login and password to gain access to multiple internal and external applications. This is known as single sign-on (SSO), enabling businesses to reduce costs by reducing the number of usernames and passwords employees use.

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Another key feature of IAM is privileged access management (PAM). It helps organizations limit the amount of unnecessary access that their users have to different systems and apps, ensuring they are only using what they need.

This is an important function as it helps to prevent security risks when users leave the organization or change roles within a business. Manually de-provisioning access privileges for a former employee’s software and apps can take the time or be forgotten, which could create a vulnerability.

IAM solutions automate the provisioning and de-provisioning of user access throughout a user’s lifecycle, which saves time and money for security administrators. They also empower users to request and manage access rights while enabling compliance audits with accurate reporting and dashboards.

Access Management

Access management is a security and IT solution that helps you control and monitor user permissions to files, systems, and services. It helps you protect sensitive business data, avoid costly breaches, and comply with audit requirements.

The solution establishes one digital identity for each person in your organization, which can be used to access and change information from any device securely. It also tracks the changes made to that identity to help prevent data breaches and other threats from happening.

IAM also provides fine-grained control and visibility for centrally managing cloud resources. It helps you enforce policies for granting users access to specific systems and applications and makes it easy to maintain compliance.

It also enables you to monitor and track the access rights of high-risk accounts, ensuring you are ready to take action if there are issues.

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You can also quickly see which users have access to what resources and make decisions about modifying or revoking those rights. Visualizations such as maps, tree structures, and dashboards provide intuitive and at-a-glance visibility into your entire access ecosystem.

It enables you to set centralized policies that grant access to the right level of systems and data, which is essential for achieving optimal productivity and security. It also reduces administrative workload by allowing users only to access apps and data they need for their work.

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