The foundations of cybersecurity of enterprises in today’s digital era are based on ‘identity.’ The new digital perimeter, in reality, is identity. By deploying strong ongoing authentication, businesses can ensure more robust cybersecurity than ever. Yet, companies continue to struggle to deploy and retain strategies for identity and access management. This generally is the outcome of some identity and access management (IAM) oversights. Outlined here are a few of them:
1. Choosing A Solution Without A Strategy
If a solution is chosen by the company because it solves an immediate problem, it later leads to further issues. For example, you could face problems with integration as you accumulate more and more identity management solutions. These could also delay the creation of your IT infrastructure. Besides, each new technique adds to your overall expenses.
Instead, you need to re-examine your identity management needs overall, both for now and for the future. If your business looks poised to expand, your IT infrastructure should develop alongside it.
Your decision on the IAM solution must be informed by the IT infrastructure, determined by your industry, business goals, user base, and business processes. Only then the solution will protect the digital assets.
2. Financial Considerations
You could face some unforeseen cybersecurity costs if you do not recognize these potential identity management oversights. For your identity and access management needs, you should look for a particular solution. On your network, the lesser the alternatives, the lower the cost. Besides, the initial cost of implementation needs to be considered; you need a solution that fits your budget. You should handle identity management as a critical business process and budget accordingly. Finally, consideration must also be extended to the IT team. These individuals will maintain and work with it intimately, and for their efforts, they deserve equal compensation.
3. Compliance Integrity Requirements
Without precise control over the actions of your users and databases, your identity management will prove ineffective. If any account slips past your surveillance, it could become a perfect safety vulnerability for hackers’ intrusion efforts. In addition, the company cannot allow any exceptions to the identity management strategy.
4. Inability To Adapt To The Cloud
In promoting connections, partnerships, and profitability, the power of the Cloud is well-recognized. For identity solutions, companies prefer cloud-based implementations, as they tend to be faster and offer on-demand capacity. However, persistent oversights in identity management include failing to adapt their IAM to suit the new cloud environment.
5. Lacking Robust Password Practices
We must constantly stress this because you need to know this truth before it becomes too late.
- People update their passwords way too infrequently.
- Users reuse their passwords.
- Thanks to social engineering, one can easily guess or break the original passwords.
- Exchanging or writing down user passwords often leaves you open to insider attacks.
Instead, through next-generation identity management systems, the organization needs to introduce adaptive multi-factor authentication (MFA). The more factors that stand between hackers and the identities of your users, the safer the latter remain, after all. Hackers, more often than not, target weaker businesses with less identity protection.
A good enterprise multi-factor authentication can include several variables, some of which are:
• Biometric verification.
• Hard tokens.
• Text messages.
• Typing biometrics.
• Push notification.
• Access request time monitoring.
In addition, businesses can enforce step-up authentication for users. This triggers when workers or users try to access sensitive databases or digital assets; the security approach asks for more reasons, depending on the importance of the access request.
There are solutions for data security and analytics that empower companies with superior capabilities for identity and access management. They secure business-critical information and improve the protection of ERP data.