In the recent times, much focus and attention is being given on
regulatory mandates and its compliance. This is done in order to ensure
that the IT systems are secure and offering privacy for confidential
consumer and enterprise data. Such essential technology and business
objectives become complicated by certain factors such as changing IT
platforms, increased regulatory demands, increased shareholder and board
demands for minimizing risk and the requirement to bring down
compliance expenses. There is a need for an efficient and meaningful
approach to manage and attain ongoing compliance. This is where identity
and access management comes into action.
A comprehensive identity and access management (IAM)
platform or solution forms the very foundation for efficient security
and compliance. The reason for this is IAM helps in answering some of
the most important questions such as:
