Identity-governance
3
Oct

4 Reasons Why Identity Governance Matters

Identity governance solutions are devised to connect data, people, devices, and applications to let customers find out who has access to what, and what sort of risk they signify. With this, organizations can generate reports and views that are open to many questions that usually surface during an audit process.

With an Identity Governance and Administration (IGA) solution, you can manage permissions, automate workflows that will help with bulk approvals, provisioning by role, building roles, and more. While automation may not solve all your organization’s IT needs, they can considerably assist you in keeping the access request overflow at bay.

What is Identity Governance?

Identity governance is a policy-centric orchestration of user identity management and access control. Identity and access management (IAM) governance offers IT managers the technologies and tools required to control user access to critical information within the organization. In other words, IGA involves leveraging the most effective and intelligent track to diminishing identity risk in your business.

This is one of your security architecture’s critical components, which verifies your users’ identities before giving them the right level of access to the organization’s information and systems. Although most people use the terms identity management, access control, and authentication to mean the same thing, each of these exclusive function as different layers for enterprise security processes.

Why Is Identity Governance Important?

The following are some of the importance of identity governance and administration for your organization:

  1. 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. 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.

  1. Reduce Operational Costs

Your labor-intensive processes, including password management and provisioning, access requests, and access certifications, can be automated with identity governance and administration, which significantly cuts operational costs. Moreover, considering its business-friendly user interface, your IT staff’s time on administrative tasks can be reduced, and users can be empowered to manage requests and review access autonomously. Furthermore, organizations can mitigate risks and support internal control through their access to analytical tools and other platforms

  1. Improve Compliance and Audit Performance

Organizations can validate that the right controls are in place with identity governance and administrations, so they can meet the mandatory security and privacy requirements. What’s more, role-focused access control allows organizations to meaningfully minimize the cost of compliance, while managing risks and launching repeatable procedures for a more auditable, dependable, and simpler-to-manage access certification attempts.

  1. Reduce Risk and Strengthen Security

Organizations face significant threats from compromised identities triggered by stolen, vulnerable, or default user credentials. Having centralized visibility establishes a single authoritative notion of who has access to what and to what extent. This permits authorized users 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.

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Managing Risks With Identity Governance

We are currently in an era of constant and instant information exchange. Organizations rely heavily on high-tech computer networks and databases to constantly share digital information with their employees, subsidiaries, partners, branches, clients, and other stakeholders. Nevertheless, years of information security breaches and the overabundance of cyber-attacks have proven that digital data can be effortlessly compromised.

Employees are typically guilty of not applying strong passwords. A survey showed that about 40 percent of employees on average, apply at most four passwords to access more than 100 apps. What this means in a work setting is that the IT administrators have so much to do especially with managing user credentials for numerous systems.

Identity and Access Management programs are effective in strengthening your IT team in monitoring, tracking, and supervising accounts that have access to valuable data while fortifying that data with protected authentication programs.

Identity governance requires effective lifecycle management since organizations repeatedly see individuals enter, alter, or abandon their roles. By applying a lifecycle management system, your organization can automate this task and lessen the risks connected to it.

Regulatory Compliance

Identity governance is a critical part of any solid security strategy. If your organization does not have identity governance solutions on the ground, your organization will be at risk of severe cyberattacks. The thing is that malicious actors constantly try to steal user credentials, which is why protecting identities is crucial to keeping cybercriminals out of your information and systems.

Regardless of your business’s nature, you need identity governance to secure user accounts and guarantee efficient access control. As of 2018, every organization that conducts business in EU countries or trades with European citizens are bounded by the GDRP.

Identity management processes relieve your security team from conducting both mundane and important tasks by automating several features that ensure secure user access for enterprise networks and data. This will help your organization stay in compliance with mandatory government regulations. Although, while Identity governance helps customers to comply with regulatory requirements, including GDRP, HIPPA, and SOX, they are not the only measure required to achieve compliance.

Nevertheless, you need comprehensive security officer training to stay on top of regulatory compliance. Obtaining the CCISO Certification will differentiate you from others in the competitive ranks of senior Information security Professionals. The EC-Council’s CCISO will give your employers the guarantee that as a CCISO executive leader, you have the verified knowledge and experience to plan and regulate information security controls and compliance for the whole organization.

Training for Identity Governance

Organizations naturally design identity management training programs for their staff, business partners, and customers to lessen identity risks, reduce fraud losses, and comply with regulations. Training and educating staff, business partners, and customers are required by numerous regulations and critical for minimizing losses and protecting business assets.

Identity governance training programs educate the target audience about governance and risk management, information security, regulatory compliance, and risk management training. For instance, the EC-Council’s CCISO Certification Program CCISOs certifies security officers in the experience and knowledge of the following CISO Domains:

  • Governance (Policy, Legal & Compliance)
  • Management – Projects and Operations
  • Information security Core Competencies.
  • IS Management Controls and Auditing Management (Projects, Technology & Operations).
  • Strategic Planning & Finance

About EC-Council CCISO: Certified Chief Information Security Officer

The EC-Council CCISO program offers unified learning progression and certifies the CISO in the knowledge of and experience in all five of the CCISO Information Security Management Domains. The CCISO centers around technical knowledge and the application of information security management values from an executive management perspective. Seasoned CISOs designed this certification course for current and aspiring CISOs.

Visit our program page to learn more about the CCISO program.

FAQS

What Is Identity Governance & Administration Solution?
An Identity Governance & Administration (IGA) solution works with your Identity and Access Management (IAM) process to manage permissions, automate workflows, stay compliant with reporting, and scale with your organization so you don’t have to keep pace or replace constantly. Although the IGA solution can be a total game-changer for most organizations, it can sometimes be a huge project with a significant application period. So you need to ask yourself certain questions before trailing this path.
What Is Identity Governance and Administration IGA?
Identity governance and Administration (IGA) systems allow businesses to offer automated access to an ever-increasing number of technology assets while managing possible compliance and security risks. IGA is at the hub of IT operations, which secures and enables digital identities for all data, applications, and users.
What is Azure AD identity governance?
Azure Active Directory (AD) Identity governance gives room for you to balance employee productivity and your organization’s need for security with the appropriate processes and visibility. Likewise, it offers you the resources you need to guarantee that people’s right set has the appropriate access to the right resources.
What does identity management mean?
Identity management is the main discipline for authenticating a user’s identity and their level of access to certain systems. Identity management is also called identity and access management (IAM). IAM also deals with managing and specifying the access and roles of individual network users and the situations wherein users are allowed or denied those privileges.
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