Identifying and preventing insider threats is a top priority for many organizations. These threats include fraud, sabotage, and malicious access to sensitive data.
Identity governance and administration (IGA) solutions can help protect against these threats. They enable companies to mitigate cyber risk, reduce operational costs and maintain regulatory compliance.
A good IGA solution combines user lifecycle management, role-based access control, and automated auditing to protect against breaches. It also enables organizations to scale and keep up with changing business needs.
Automated User Lifecycle Management
The Automated User Lifecycle Management feature of Securing Your Business with IGA Software helps you protect against insider threats by reducing the number of users with access to confidential data. It also reduces the risk of hackers and security breaches by providing a comprehensive view of user activity across all platforms.
In today’s workforce, managing and securing access for employees, contractors, partners, IoT devices, and bots is critical to support business operations and meeting regulatory requirements. However, ensuring compliance and control access through manual workflows cannot be easy.
Rather than relying on manual processes, organizations can use IGA solutions to streamline and automate the creation of new user accounts, add and update access privileges, and terminate access. These IGA software capabilities provide a streamlined user lifecycle that saves time and money while improving security.
IGA tools offer a single source for identity management, account, and credential administration, entitlement management, user and resource provisioning, and auditing. They help administrators control and mitigate risks, monitor, and report on activity, create alerts for unauthorized access attempts, and support compliance with consumer and data protection regulations.
IGA tools can also provide a centralized location for access approvals, helping to ensure that users get the authorization they need to complete their work. This simplifies processes, increases productivity, and streamlines compliance.
Role-Based Access Control
Role-Based Access Control (RBAC) limits network access to users according to their role within the company. This best practice can reduce the risk of breaches by preventing unnecessary access, such as the ability to view or modify files.
RBAC is an established methodology that many organizations use to prevent data breaches. It can also help companies meet their security and compliance obligations.
Another advantage of RBAC is that it helps limit access to resources, such as applications and data. It also allows companies to define the permissions required for each user and resource easily.
With RBAC, companies can designate whether users are end-users, administrators, or specialists. This helps ensure that employees can only access the information they need to do their jobs.
However, RBAC can take time to implement and manage at scale. It can be more time-consuming than alternative methods, Access Based Access Control (ABAC).
A good RBAC solution should allow automated user lifecycle management to streamline access approvals and reduce risk. This feature can provide detailed reports and analytics to help IT admins identify potential threats. It can also simplify access revocation when users leave the company. These features can help organizations meet their privacy and compliance obligations.
Automated Auditing
An insider threat can be a malicious or negligent act committed by an employee, ex-employee, temporary staff, contractor, or partner with authorized access to your organization’s data and files. These threats can include leaking or deleting sensitive information and damaging your systems.
The Automated Auditing feature of Securing Your Business with IGA Software can help you identify suspicious behavior and prevent insider threats. It can also detect unauthorized access to critical applications.
Automated auditing enables you to create traceable, consistent processes and produce reliable and accurate results. These standardized systems and procedures ensure that auditing is conducted the same way each time to detect errors quickly.
It can also provide alerts based on changes to the data that could indicate compliance or control issues. This can save your auditor time and allow them to investigate these anomalies before they become material issues.
Automated auditing can also reduce the number of manual auditing tasks, freeing up your staff for more critical business tasks. This can help you increase the frequency of your audits.
Compliance Management
Employees risk security breaches and data theft when they tamper with business systems. Compliance management software can help you protect against insider threats by limiting access to sensitive information and applications. It also enables you to comply with regulatory requirements, saving your organization money and reputational damage.
In the past, many organizations used spreadsheets to create and check user access certifications for compliance. However, this process was time-consuming and impractical in today’s rapidly changing digital work environments.
Instead, organizations need a comprehensive compliance management strategy incorporating identity governance and GRC capabilities to mitigate SoD violations and other compliance challenges in hybrid environments. Integrating IGA and GRC enables companies to accurately identify SoD violations at all stages of the access lifecycle, quickly resolve them, and continuously monitor for SoD violation trends across their application ecosystem.
IGA solutions streamline reviewing, approving, and revoking user access certifications, which helps organizations meet regulatory compliance requirements and secure their IT infrastructure. IGA also enables organizations to centralize all their user approvals. It reports into a single location, making it easier for users to request access to do their job.
A good IGA solution can automatically detect suspicious access requests, flagging them for further investigation by security analysts. In addition, it can provide real-time alerts and notify administrators of suspicious activity, allowing them to respond faster and minimize disruptions to legitimate business activities.
