With data breaches and cyber threats becoming both increasingly prevalent and increasingly effective, businesses are beginning realising the critical importance of Identity and Access Management (IAM) in their cyber security strategies. Not only does IAM help to strengthen businesses’ cyber defences, but it can streamline operations. With an effective IAM framework, businesses can benefit greatly. Here at Infosec K2K, we specialise in providing bespoke IAM solutions designed to meet the unique needs of our clients.

How IAM Enhances Security and Efficiency

IAM strategies encompass a range of processes, all of which are aimed at managing, tracking and securing the digital identities associated with your network – and controlling users’ access to resources. By implementing IAM solutions, businesses can ensure that only those individuals that they’ve already authorised have access to sensitive data and systems. This way, they can keep their most secure assets safe, and minimise the risk of data breaches and insider threats.

What’s more, IAM can be used to streamline your business’ user provisioning and deprovisioning processes. This can reduce your administrative overhead costs and reduce the chance of human error. Last year, research showed that 75% of data breaches are caused by the poor management of digital identities, access, and privileges. Businesses and government organisations can both fall into this trap. Earlier this year, a government agency was hacked after a malicious actor used the credentials of a former employee’s account. By not removing the account, the agency left themselves vulnerable to breaches. With an effective IAM solution in place, organisations can enforce least privilege access policies across their network. This way they can implement stronger authentication policies and centralise identity governance, strengthening their defences and protecting their data.

The Challenges Posed By IAM

Despite the benefits of IAM, some businesses still encounter challenges when it comes to implementing and managing IAM solutions in their network. Some of the most common obstacles include complexity, scalability, interoperability, and stringent regulatory requirements surrounding data protection and privacy. Smaller organisations may struggle to navigate  IAM technology and the regulatory, risk management and compliance mandates associated with them. This can in turn lead to delays, cost overruns, and the potential for data breaches – which can have dire consequences. Research by IBM showed that the average cost of a data breach was $4.45 million (£3.5 million) last year.

That’s not all, though. Even after a business has implemented an IAM solution, it will still require ongoing monitoring, maintenance, and updates. That doesn’t mean software updates – businesses need to evaluate their solution and update best practices. This way, they’ll ensure they can stand up to emerging cyber threats and meet new regulatory requirements. At Infosec K2K we understand the challenges our clients face, and offer comprehensive support to help them overcome these obstacles.

Creating an Effective Strategy

For businesses of any size, developing an effective IAM strategy is crucial. The first step is a thorough understanding of the organisation’s business objectives, IT infrastructure, and security requirements. Here at Infosec K2K, we work closely with our clients to assess their IAM capabilities and identify areas for improvement. Our experts (who work around the clock in offices in the UK, Germany, Switzerland, Belgium and India) collaborate with stakeholders across your organisation to define your IAM goals, establish governance policies, and design a roadmap for implementation. With the help of our comprehensive IAM assessments, we can find any gaps in your cyber defences and offer your recommendations to optimise your cyber security strategy.

The Benefits of Bespoke IAM Solutions

As a leading provider of IAM solutions, we offer a wide range of services designed to meet the diverse needs of our clients. Our approach combines industry best practices with cutting-edge technologies from our partners, such as CyberArk, Trustbuilder and Cyolo. This enables us to deliver IAM solutions that are both scalable and future-proof. Whether you’re looking to reduce costs, improve how you onboard and offboard your employees, or simply meet GDPR regulations, our customised solutions can address the unique challenges that every business faces day-to-day,

Our bespoke IAM solutions have been tailored to provide businesses with finer control over user access and permissions, while also simplifying administrative tasks and enhancing user experience. With the help of industry-leading IAM platforms, we offer solutions that can be easily integrated into clients’ existing infrastructure. At Infosec K2K, we have a portfolio of solutions for clients to choose from. As well as finding the right one for you, we can implement it and manage it for you. By partnering with Infosec K2K, businesses can ensure they’re maintaining strict controls whilst adapting to evolving threats and regulatory requirements.

IAM solutions are essential for any business looking to secure their digital assets, streamline operations, and achieve regulatory compliance. At Infosec K2K, we’re committed to helping our clients harness the power of IAM with the help of our tailored solutions and expert guidance.

Whatever solution you’re looking for, we can help. The experts at Infosec K2K can offer you specialist guidance, and help you find the product that’s the best fit for you.

Get in touch with us to find out more about how we can help you.