Top 10 Identity Governance and Administration Solution Companies - 2020
More businesses are relying on Identity Governance and Administration (IGA) for numerous reasons. Security is an issue, especially since insider threats are at an all time high, and with new laws and regulations concerning data protection popping up every which where.
Governing and recording details of user access rights with an automated system was something only regulated industries used to need. Healthcare companies and even accounting firms were starting to be mandated by federal laws provide audit reports on ‘who has access to what’ within the business. Naturally, an automated system that could allow business users to request access and entitlements to apps and have these requests responded to by responsible managing authorities would be needed. This is how IGA came to be.
Globally, regulatory bodies and industry standards organizations worry about the impact of digital transformation on people’s privacy rights. Stringent data privacy regulations such as the European Union General Data Protection Regulation (GDPR) and California Consumer Privacy Act (CCPA) highlight the importance of establishing digital identity governance. Protecting privacy relies on ensuring that all user identities retain the right access to the right resources at the right time for the right reason. Unfortunately, the traditional application-level permissions create a variety of new risks in cloud ecosystems, including but not limited to segregation of duties (SOD) violations within ERP platforms and excess access to information that violates data-sharing regulations. However, these risks only scratch the surface of data sharing and permissions problems.
Across industries, organizations increasingly adopt the Internet of Things (IoT) devices. Critical infrastructure organizations, such as those in the oil and gas industry, connect IoT devices to their SCADA sensors. On the other end of the spectrum, healthcare organizations incorporate IoT devices to better monitor patients. To comply with data sharing and permissions regulatory requirements, organizations need identity governance solutions that encompass all identities while also providing detailed entitlements. Equally important, they need a way to ensure that their access request, review, and certification process for provisioning access meets “least privilege necessary” requirements. Broad, application-level entitlements risk violating data sharing compliance requirements as identities can access all data within the application. Creating fine-grained entitlements that limit access not just to the application but within it promote enterprise cyber hygiene and protect consumers.
We present to you, “10 Most Promising Identity Governance and Administration Solution Providers - 2020.”