Are you uncertain if your IAM solution is comprehensively addressing your identity management challenges? It seems all isn’t well, although you’re still managing. However, you may only be solving issues temporarily.
In reality, you may be adding unnecessary complexity and costs to a solution that is offering you minimal benefits.
If you’re still unclear if it’s time to migrate to a better solution, read this article. Check if any of the following signs apply to you.
What Is Legacy IAM?
Identity access management (IAM) incorporates all the processes, policies, and products employed to manage and regulate user identities. It defines the access privileges and roles each user in a network enjoys. It also determines the cases in which access may be granted or denied. In this case, users may be your customers or employees. Besides, it also integrates the security and productivity features in your entire business.
These systems offer the tools that administrators need to track the following:
- user activities,
- change their roles,
- enforce policies or create reports based on user activities
These systems ensure users are compliant with government regulations and company policies. The identity access management systems are under the umbrella of IT security and data management systems. These systems are vital in ensuring data, systems, and applications are only accessible to authorized users.
Why Should You Modernize Your Company’s Identity Access Management System?
As we’ve seen, these systems are a critical part of any business or organization’s security and productivity plans. If you’re using a system that offers compromised user standards, you allow unauthorized users to access corporate information.
Business leaders and IT teams must do all they can to overcome increased organizational and regulatory pressure. They must ensure access to corporate assets is limited to authorized personnel. That can’t be possible unless they are implementing an excellent identity and access management system.
The system audits all corporate assets in the cloud and on-premise and controls access to these assets. These cloud-based identity management systems comprise regular updates to bring in new features. These features include analytics, biometric and behavioral capabilities that ensure that the system is functioning optimally and incorporates new technologies. That’s why businesses need to modernize their solutions regularly.
If any data breach occurs in your company, as the CEO, you will bear the burden.
Therefore, it’s crucial to check if your system shows any signs of replacement and take the necessary action to avoid such occurrences.
Work with your IT department to ensure compliance and implement their recommendations to ensure your network is safe, secure, and up-to-date.
Signs That It’s Time to Update Your Company’s Identification System
1. Increasing Apps Integration Requirements
If your IT experts can no longer sustain the demand for integrating the latest technologies into your security and productivity systems, it’s time to reconsider if you should modernize your identity access solution.
Here’s good news: modern solutions offer better, affordable, secure, and hassle-free ways of adding or removing applications in your system. These systems allow all administrators to effectively control who accesses company information, whether in the cloud or on the premises.
2. You Have a Must-Have App or System That Isn’t Covered by Your Legacy system
Do you have an app or system that’s widely used in your business but is not covered by your current solution system?
You definitely need an upgrade.
It’s essential to consider upgrading to a new identity access management system that will cater to your enterprise’s apps and systems.
Systems and apps beyond your existing system’s scope mean your team will have to manually address identity and access issues. And this means increased workload.
These manual manipulations are prone to many errors and can cause breaches to occur. The best solution is to implement a solution that covers all systems and apps in your network.
3. No More Updates for Your Legacy system
The modern business landscapes demand the use of more robust identity and access technology and controls to counteract the increasingly complex and stringent regulatory requirements.
It’s time to move to a better solution if your legacy access management system isn’t keeping up with the latest technology.
There is no need to continue paying license and maintenance fees for an outdated identity access system. Modern cloud-based systems offer smart options such as self-service password and embrace machine learning and artificial intelligence to make the systems faster and more efficient.
If the system is no longer supported, it can increase the vulnerability of your network to attacks. It may even be unable to integrate with your new apps and devices, which will hurt your growth and productivity.
4. Lack of Specific Software Features
Technology is changing very fast. A top system in the last three years may not cope with authentication capabilities and integration methods today. It may also be more expensive to maintain. If your legacy system becomes incompatible with new techniques and your business environment, it’s time to consider modernizing it.
5. Your Legacy System Is Not Accessible To External Partners
Traditional identity systems were designed for a more closed workforce. This means they cannot offer temporary users such as customers, contractors, and other external user access to business resources.
Fortunately, the modern identity and access management systems provide new environments that ensure your customers, suppliers, and contractors can access information and data in your system without any hurdles. If this is your case, you need to upgrade to a modern cloud-based system.
6. Usability, Performance, and Scalable Problems
As your business grows, user accounts, roles, and capabilities should scale with it. In a few years, you may find the system that was once sufficient no longer serves your needs. It could be showing slower logins, breaches, and other limitations. If you are experiencing any of these issues, the best option would be to seek a robust replacement.
7. Erroneous Manual Processes
If your company is still practicing manual access certification and identification, it’s time to install a modern identification system.
Manual processes are prone to abuse of privileges, many errors, audit findings, outdated information, and decreased productivity due to wastage of employee time.
8. Increased Third-Party Access
If the number of external users accessing your network increases, the risk of breaches increases. This means you need a robust and comprehensive identity and access management system. Third-party access by your clients, suppliers, contractors, and vendors brings in extra concerns in your legacy IAM.
If your system cannot extend controls to other networks, it’s more vulnerable to attacks. It’s therefore vital to install an identification system with automated provisioning and de-provisioning to mitigate the risks that come with third party access and at the same time maintain the required access levels.
9. Audit Findings
When you encounter an audit finding in your legacy system, whether self-reported or exposed by external auditors, it’s a clear indication that your system needs to be modernized.
Imagine discovering that your former employees still access your network. Or other unauthorized individuals can access or revoke privileges implemented in the past. It’s a warning about your identity management system.
Audit findings attract several regulatory authorities’ penalties; that’s why you should not take audit findings lightly. Compliance isn’t optional, but it’s a mandatory exercise that you should implement to the letter.
10. Emerging Compliance Regulations
As laws on data security continue to tighten, the existing solution may no longer be effective. Regulations such as HIPAA, SOX, PSD2, GDPR, financial services laws, and regional data protection laws demand you use a fool-proof system.
Instead of implementing the new demands on your existing system, the best option would be to replace your system.
If you are not in control of your network and the credentials of all individuals accessing your business information and resources, you are staring at possible non-compliance penalties.
It’s even worse if you’re in an industry with strict data protection laws, such as healthcare.
In this case, you need an access system with comprehensive monitoring and reporting features. The solution is to modernize your identity management system.
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Our Identity Access Management System
It’s vital to ensure you’re using an effective identity system.
Your IT team should always evaluate your current identity access solution to ensure any vulnerabilities are identified and addressed immediately.
It’s essential to choose a cloud identity management system that can accommodate your increasing number of internal and external users.
Teamstack is an excellent cloud identity management system. It integrates with more than 500 applications to offer secure and convenient network access to your workforce.
This system will address potential cybersecurity risks in your system by employing modern technologies such as privileged access management, Single Sign-On (SSO), and multifactor authentication.
Contact us today if you require a comprehensive modern identity access management system. Our goal is to ensure you get a modern solution that will guarantee you’ll never experience any data breach besides staying in compliance with all regulatory requirements.