Identity as a service (IDaaS) is identity access management products that are based off software-as-a-service (SaaS) models which enables organisations to deliver single sign-on (SSO), authentication and access control features through a third-party service provider. IDaaS offers cloud-based authentication to businesses that purchase it as a subscription-based managed service. Subscribers are granted role-based access to specific applications or even entire virtualised desktops via a secure portal. This is to ensure that users are who they claim to be which is especially crucial in a corporate culture that is gradually shifting towards bring-your-own-device (BYOD) workplace environments, due to the rising number of personalised devices possessed by employees. Utilising a centralised cloud-based system generated by identity experts, the process of local identity provisioning is greatly simplified, and thus able to adapt immediately to new security challenges.
By reducing the risk associated with password sprawl and poor password handling practices, IDaaS can enhance cybersecurity. At the same time, the login process can be streamlined to become more secure and efficient, not only saving time but also the number of password resets. The process to shut down any compromised account is seamless and faster as well. Similarly, an employee who leaves the organisation will have their user accounts terminated, preventing any opportunity for identity theft and unauthorised access to corporate data.
IDaaS allows identity services to be integrated into application development and application runtime environments. Applications can embed identity access management functions as a part of their inherent business processes without the need to have coding knowledge. IDaaS also reduces complexity through increased ability to leverage critical identity data while eliminating the challenges of management and replication. Apart from SSO, IDaaS can be paired with multifactor authentication at an appliance and system level, further decreasing the chances of a hacker being able to breach security.
Furthermore, businesses will benefit from the amount of money saved. Through IDaaS, the digital security team is no longer required to back up data; maintain servers; upgrade or purchase new software; fork out hosting fees; set up virtual private networks; and the like. A reinforced security system using IDaaS will benefit the organisation financially in the long run, preventing any online attack that might put a huge dent into their business. For a small enterprise, an attack on IT security can rack up to about $40,000 in damages on average. Therefore, the many advantages proffered by IDaaS-based identity access management solutions should not be made light of. With the payment of a subscription fee and the administrative work, companies can enjoy increased revenue stream without having the integrity of their networks threatened.
As the digital world progresses towards a future of cloud computing and enhanced interconnectivity, email search, as well as network security, will be moved to the cloud. In order for businesses to keep up and stay ahead of the pack, IDaaS will serve as the inevitable future-forward choice for IT security. Organisations that have to yet to adopt identity access management solutions should soon consider implementing IDaaS.