<p><i>In this video, Informa TechTarget customer success specialist Ben Clossey explains what </i><i>identity and access management is and best practices that organizations should be following.</i></p>
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<p>IAM protects businesses from the inside out.</p>
<p>Identity and access management, or <a href=”https://www.techtarget.com/searchsecurity/definition/identity-access-management-IAM-system”>IAM</a>, refers to the business processes, policies and technologies that help manage and secure digital identities. IAM enables IT departments to control access to critical information in today’s business environment, where <a href=”https://www.techtarget.com/searchsecurity/tip/Remote-work-cybersecurity-12-risks-and-how-to-prevent-them”>remote work is common</a> and cyberthreats are becoming more sophisticated.</p>
<p>Here, we’ll explain the purpose of and best practices for IAM.</p>
<p>So, why is IAM crucial? Consider a financial services firm that handles personally identifiable information (<a href=”https://www.techtarget.com/searchsecurity/definition/personally-identifiable-information-PII”>PII</a>) like Social Security numbers, bank account information and tax documents. As the firm grows, managing all this data and who has access to it becomes chaotic.</p>
<p>Then, imagine an analyst accessing sensitive data meant for HR or a sales rep accessing top-secret source code. Both scenarios could create a security and <a href=”https://www.techtarget.com/searchsecurity/definition/data-compliance”>compliance</a> nightmare. And both can be prevented with an <a href=”https://www.techtarget.com/searchsecurity/feature/How-to-build-an-identity-and-access-management-architecture”>IAM framework</a>.</p>
<p>Simply put, IAM ensures the right people have access to the right information at the right time. Specifically, IAM involves the following:</p>
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<li>How individuals are identified in a system.</li>
<li>How roles are identified and assigned within a system.</li>
<li>A
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