Nowadays, companies are securing users who are accessing applications from various places through variety of devices, and all this is pressurizing IAM i.e., identity and access management systems. Additionally, consumers expect easy authentication and access to all accounts and information. Moreover, identity infrastructure faces traditional challenge of various links to multiple targets and sources. All this creates an unmanageable “n-squared” problem.
N-squared problem is reason of rapid adoption of federation standards including Security Assertion Markup Language (SAML), OpenID connect and OAuth. These technologies include things such as next-generation firewalls, applications monitoring systems and sandboxing systems that permit any malicious code to be executed and all that without harming corporate environment.
One of the other main reasons behind IAM as top security initiative is that it enables right individuals to access right information and resources at right time and reason as well. It ensures appropriate access of resources across heterogeneous technology environments. IAM is important for any enterprise, because it is business-aligned. Organizations that can develop IAM capabilities can reduce identity management costs and become significantly more agile to support new business initiatives.
On the ending note, its various features make it top security initiative and its investment has grown from 7% to 10% in 2014, and is still growing.