Implementing an IAM platform is a complex undertaking, and because of this, many businesses fail to successfully build their program to maturity, never seeing its full benefits and failing to maximize their ROI. But these benefits, for many organizations, are never fully realized. A strong IAM program brings tangible value to an enterprise in many other ways as well from centralizing user provisioning and de-provisioning, to providing a more agile way to integrate acquired businesses, to enabling stronger and more fluid user-authentication mechanisms, and delivering a more streamlined approach to adding new applications. 1 The best way to mitigate this risk is through a robust, effective Identity Governance and Access Management (IAM) program, which can reduce the likelihood of breaches and can limit the damage should a hacker compromise a user account.
In fact, 63% of confirmed data breaches last year resulted from weak, stolen, or default passwords - often obtained through simple phishing attacks. 1 Top Five Reasons To Audit Your IAM Program Best-in-class organizations are auditing their IAM programs - are you? ΔΆ Introduction Stolen credentials are the bread and butter of today s hacker.