Hackers do not have dull moments in the cyberspace. They see every situation as an opportunity to attack a business’ computer system. The risk of hacker attacks requires companies to deploy Identity and Access Management (IAM) systems to secure business data. Read on to know how your enterprise can use this system to secure your data:
Strengthening your IAM System
An IAM system is designed to protect your business from unknown attacks. It lets your employees access your business cloud applications in one location. This eliminates the need to memorise the passwords for every cloud application they have to use.
Creating an Unstructured Data Management Strategy
Unstructured business data is a moving target for criminals. And accessing and sharing this data is quite difficult to control. By being unstructured, this data doesn’t get classified, managed, or valued. But, because unstructured data is central to your business system, you must create an identity department whose tasks include policy formulation and identity oversight. The department must maintain and monitor the relationships between data and identity.
Using Audit Trails
IAM audit trails will help your company improve visibility into operational data and other kinds of data within your internal network. This includes anomalous browsing events which could indicate a data breach. Also, IAM audit trails can eh used for keeping track of how well your employees adhere to the business policies and whether or not adjustments are necessary for further controls.
Educating Employees on Good Password Management
Although it is convenient to have the same password for all accounts, it can compromise confidential information. A lost or stolen employee password can lead to unauthorised access to data stored in several applications. A reliable IAM solution can automatically create strong and unique passwords for each account, keeping your company and employee information safe.
Adding a Layer of Authentication
Two-factor authentication can generate and send a unique verification code or push notification to the user following the entry of the username and password. Such an additional authentication method can prevent somebody from accessing your accounts using only their credentials.
By shaping business applications, your IT department can have control over what your employees can see and do within web applications. As a result, you will be able to mask data for some employees or make them visible and disable or remove certain functions like download, export, and share. When high-risk features are removed, the security of your business will be increased significantly.