Ace IDX

Identity and access management (IAM) solutions deliver access control, keep unauthorized entities out, and connect authorized users. In short, the goal of IAM solutions is to ensure that the right users and devices are able to access the right resources at the right time. IAM streamlines access control for corporate networks operating in complex, multi-cloud environments.

The fundamental function of IAM platforms is to assign a unique digital identity to each individual user or device. Furthermore, the solution maintains and monitors access levels and privileges throughout an entity's lifecycle.

Functions of an IAM solution are:

• Authenticate entities based on pre-defined roles and contextual information like time or location of login.
• Maintain a database of user login events.
• Manage the assignment and rejection of user and entity access privilege.
• Monitor changes in user privilege while enabling automated restrictions based on rules and policies.

Yes, IAM is essential for reaching compliance objectives. Several data privacy regulations like PCI DSS, HIPAA, SOC 2, and NIST SP 8008-53 call for stringent access control policies like:

• Restricting user access
• Enforcing controls
• Conducting reviews for process certification
• performing regular audits with documented governance proof

Identity management deals with the attributes of a user and verifies if they are who they appear to be. Access management deals with allowing the user relevant access based on their attributes.

In short, identity management authenticates users and access management authorizes users.