3 Best Identity Management Software with Buyers Guide

1Password Business

Secure Scalable Easy-to-use password manager Trusted by the worlds leading companies Easy for your employees to stay safe online Part of the workflow Good security habits Risk goes down Productivity goes up

LogMeIn Pro

Next generation solutions for remote access and systems management Support existing IT Reach customers Assist them with transition over time to the new products Remote printing Multi-monitor display

RSA SecurID

Identity & access management tool Provides two-factor authentication Protect networks thru assurance & authentication Identity insights Access management Threat intelligence Multi-monitor display 

Identity Management Software

Identity Management Software assist in managing identities, policies, credentials, and access to critical information within an organization. It provides tools such as security-policy enforcement applications, password management, reporting, and monitoring applications which keep unauthorized users away from critical business information.

Identity Management Software helps policy-based access with an option to selectively revoke access from all the employee.

Advantages of Identity Management Software

Improved data security: Identity management software helps safeguard the business-critical information from internal and external security threats both. These solutions permits that only legitimate and authenticated users can access the data and system applications, that significantly lowers the impact of data breaches.

Granting access based on user policies and roles: The software gives administrators control access to information based on the job roles. Role-based access control employees have access rights only to the specific information needed to do the job. It decreases the chances of access by unauthorized users and improves data security.

Reduced IT costs: Identity management software automates various features of identity authentication, access, and authorization. As a result, an organization can lower significant expenses related to information technology, security, & operations.

Features of Identity Management Software

Access management: Identifying, controlling, and managing authentication and user access to company resources within the IT environment.

User provisioning: Creating, modifying, disabling, or deleting user accounts and their profiles across IT infrastructures and business applications.

Access certification: Verifying user access rights within systems for confirming every user has appropriate and authorized access to resources for security risk and compliance management.

Password management: Generating and storing passwords in an encrypted database and assisting in retrieving forgotten or lost passwords.

Single sign-on: Permitting users to access multiple applications connected to a local area network (LAN) by entering login credentials once, rather than re-entering login credentials individually for each application.

Multi-factor authentication: A security system which requests two or more credentials to prove user identity before granting access to the system.

Price of Identity Management Software

Most products in the market are priced on a “per month” basis and can be divided into three pricing tiers based on their starting price. A premium product is priced higher which include additional features like compliance management and self-service access requests.

Points to Ponder while Buying Identity Management Software

Software provide a portal to request additional access. While buying identity management software, note the number of users that you would like to have access to the software. As the business grows and prospers, you’ll require software which can grow along with an increased number of users. The system should permit having additional access and password resets for users.

Software support multiple devices. Users require to access the software utilizing the preferred device and access channel. Thereby, the authorization abilities  and core authentication must be accessible over the web, portable devices, and application programming interfaces (APIs).

Software integrate with existing complex identity systems. The ideal identity management solution must be able to integrate with existing authentication systems, legacy technology, and more.

Identity Management Software Trends

Artificial intelligence (AI) shapes identity management tools: Companies are making use of username and multi-factor authentication or password credentials to access the corporate data. However, both approaches are susceptible to various attacks, like phishing. It is suggested to make use of new identity management tools enriched with AI capabilities. Therefore, new identity and access management (IAM) tools will use AI functionality like facial or fingerprints blended or voice recognition with behavioral bio-metrics with keystroke analysis to access data. Implementing new IAM tools embedded with AI features can further increase corporate security.

Big data and analytics: Together with big data and advanced analytics, access-related risks can be easily identified to make the process of identity management smooth. By using an identity analytics system, identities and access will be managed more proficiently with privileged access, account provisioning or de-provisioning, and authentication.

Cloud-based identity management tools: In the current market scenario, the bulk of firms are migrating the identity management software to cloud services. Identity management as a service is effectively scalable, undoubtedly and as the providers handle most administration tasks in the back end. This permits the IT team to concentrate on other priorities on the other hand. This assists organizations to set up customized levels of security for an entire IT architecture or just one part.

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