In every organization security is the responsibility of each individual. This comprises of security in information technologies, physical facilities as well as communication equipment. Since the emergence of IT, governments and IT companies have been developing security technologies for communication and computer systems. Relatively, the security systems have been upgraded to highly depend on human analysis and management resulting in high productivity (Soomro, Shah, and Ahmed, 2016). With the increased interaction between business applications and humans, Identity Governance and Administration (IGA) has offered businesses the capability of managing access within complex technical environments.
Identity Governance and Administration comprises processes, tools, technologies, and policies that have been developed to manage and control identities while accessing resources (Haber and Rolls, 2020). IGA has offered tools that enable organizations to manage access to the growing and changing technical environment. IGA systems should be considered as important tools in terms of security control applications as well as increased monitoring of compliance.
There are many reasons why Sifers-Grayson should invest in Identity Governance and Administration to combat insider threats. One of the main reasons ease of deploying and maintaining information security within the organization. Considerably, the IGA system offers additional functionality that goes beyond access and identity management to role-based access control. IGA enables organizations to automate the workflow of activities such as provisioning and access approvals. Therefore, Identity governance is a centralized system that effectively manages and identity access control. Identity governance and administration boost the organization’s IT security as well as regulatory compliance. IGA systems oversee the process of assuring that access to information, provisioning and administration have been executed properly through the established business standards and protocols (Joe, CIPP and Karen, 2019). Therefore, IGA systems are used to boost productivity and security while lowering effort and cost.
Another reason why the company needs to integrate IGA systems is that it offers the firm control of security applications. This means that investing in IGA solutions will offer the company with efficient and convenient security controls. Ideally, IGA systems will introduce role-based access control (RBAC) which is an effective security application that limits system access to authorized persons. IGA will set privileges and permissions to allow access to information based on employee duties and responsibilities (Neira, 2020). This will allow the protection of sensitive data and allow employees to only access data and execute actions that they need to do their jobs. IGA systems support the application of policy-based security rules thus effective management of user access. For instance, an employee working in the payroll department will not have access to HR information since only an employee working in the HR department can access the information.
IGA reduces the cost of unauthorized access and improves the accuracy of operating controls (Neira, 2020). Sifer-Grayson can effectively manage user identities and assess appropriate information use based on roles in administrator accounts. Implementing IGA systems, the company will less likely fall victim to financial implications that result from hacking and potential data breach. Additionally, IGA boosts data security through data classification. Ideally, classifying data according to its ownership and sensitivity allows the management to organize and store data as well as assign different value and protection to each type of data. Therefore, every individual within the organization is aware of the type of data they can assess, as well as their responsibilities and obligations in protecting the data and preventing data loss or breach.
In summation, the IGA system merges identity administration which addresses administering and managing credentials and accounts, as well as provisioning entitlements. IGA systems will boost the business agility at Sifers-Grayson due to increased data security through security controls, single sign-on methods, and carefully balanced security to prevent insider threats.