IAM stands for “Identity and Access Management” and is crucial for providing authorized persons in the company (identities) with smooth access to required tools.
IAM systems efficiently manage employee applications and support various identities, including people, software and hardware. A planned basic IAM service should serve as a reliable source of information for identity and authorization information. IAM offers benefits such as improved compliance, increased IT security and process and administration optimization.
The tools minimize risks, provide single sign-on and automate identity management, resulting in increased efficiency and transparency. Implementation tools include multi-factor authentication (MFA) and single sign-on (SSO). MFA requires multiple identity confirmation methods, while SSO allows users to log in once to access different software suites.