Myth 1: IAM Is Only for Big Businesses
IAM solutions no longer require complex systems and large data centers, nor do they always come with a high price tag that only large businesses can afford. On the contrary, IAM is simple to use and effective, and it remains a smart investment for companies of any size.
While many organizations develop single sign-on (SSO) capabilities and other IAM components internally, some are leveraging options such as Software as a Service-based models. This alternative is broadening the range of choices for IAM solutions.
According to Crowdstrike, “others have turned to identity as a service (IDaaS), which is a cloud-based subscription model for IAM offered by a vendor. As with any as-a-service model, IDaaS is often a viable option because outsourcing IAM services can be more cost-effective, easier to implement, and more efficient to operate than implementing these services in-house.”
IDaaS is a particularly good IAM choice for small businesses and nonprofits.
A CDW article notes that “IAM is no longer a luxury reserved for the Fortune 500. Instead, it’s now a prerequisite for improving security and employee productivity in every organization, regardless of size.”
EXPLORE: Identity and access management solutions protect endpoints.
Myth 2: IAM Reduces the Risk of Breaches Due to Human Error
Think of IAM as human-proofing an organization’s endpoint security, much like a parent would childproof a home. It makes it harder for mistakes to happen, but it doesn’t eliminate the risk altogether. If vulnerabilities do emerge, however, the consequences are likely to be less severe because IAM has prevented a full-scale security breach.
According to Proofpoint “Identity-centric attacks are a practical calculation by bad actors. Why would they invest their time and resources to build exploits to help them get in through a virtual back door when they can just walk through the front door?”
This is why stolen credentials and phishing are two of the top three ways that cybercriminals infiltrate organizations. In fact, 74 percent of all security breaches are caused by “human actions,” meaning that someone fell for a scam or social engineering tactic.
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