Compliance ensures a much-required adherence to regulations, both regional and international. The other thing to be assessed is how adequate internal controls are.
Audit management and compliance are critical for the success of any organization in today’s highly competitive world. As a result, enterprises employ various tools to bring in high-level compliance.
A practical and well-designed IGA is proven to bring in a differential approach to enhancing audit performance and compliance.
An IGA approach or Identity governance and management helps organizations ensure proper controls are in place to meet the security and privacy requirements of SOX, HIPAA, and GDPR regulations.
Further, the other aspect enterprises can achieve is a consistent business process for managing passwords, validating access, requesting, and authorizing. But, again, standard policies, roles, and risk models underpin this.
By ensuring that users have timely access to the resources they need to do their jobs, identity management and governance can help users become productive faster, no matter how significant or extensive, or minor their roles and responsibilities are.
In other words, by leveraging IGA, organizations can provide automated access to their ever-growing technology assets while managing potential security and compliance risks.
An investment in an IGA strategy should be viewed not only as an integral part of an organization’s information security investment but as an investment in strategic stability and the sustainability of business growth.