| | MAY 2022ENTERPRISE SECURITY6IAM Shaping the Future of SecurityEditorialCopyright © 2022 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.Managing EditorRussell ThomasEditorial StaffAaron PierceAlex D'SouzaAva GarciaJustin S GonsalvesVisualizersRonald DonovanSalesAlena D'Souzaalena@enterprisesecuritymag.comEmail:sales@enterprisesecuritymag.comeditor@enterprisesecuritymag.commarketing@enterprisesecuritymag.com*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffThe fast pace of change across technologies, organizational priorities, user expectations, business opportunities and risks requires identity and access management (IAM) architectures to be more flexible. Furthermore, as digital business relies on digital trust, which is enabled by IAM, security and identity are, more than ever, an essential foundation of an organization's business ecosystem. Spending on IAM solutions accelerated quickly in the second half of 2020, driven by many organizations' need to improve business continuity and protect employees. The pandemic caught many organizations unprepared for the scale and sophistication of cyberattacks on virtual workforces. With bad actors on the hunt for privileged access credentials that would enable lateral movement across a breached organization, cybersecurity teams worked nonstop in many instances to launch two-factor authentication (2FA).Rigid, inefficient approaches to defining role, policy, or attribute-based access control for privileged identity management, governance, and user directories need an overhaul. Legacy approaches to access controls are leaving too many gaps at the role-level for bad actors -- both internal and external to an organization -- to exploit. As a result, Forrester finds that agile software development frameworks are becoming more commonplace in IAM development and deployment. That's great news for security and risk professionals who have worked to adopt a more just-in-time (JIT) approach to access workflows in order to streamline how cloud platforms and software-as-a-service (SaaS) app sessions grant user identity access privileges on the fly.Blockchain technology is gearing up to be a valuable asset to the decentralized approach to identity access management and security. When used with blockchain, the decentralized system protects user identity by operating with a user-centric model, so the user controls their identity data. Instead of being required to provide a collection of personal information, these decentralized identity standards only ask for what's necessary, which helps eliminate some of the risks associated with data breaches and cyber-attacks.By using a zero-knowledge proof system implemented in blockchain technology, companies rely on a decentralized identity management system that doesn't store its users' personal information. Even the supplied data isn't revealed to the verifier.Let us know your thoughts.MAY - 02 - 2022, Volume 08 - 05 Published by ValleyMedia, Inc.(ISSN 2691-4034) To subscribe to ENTERPRISE SECURITYVisit www.enterprisesecuritymag.com Russell Thomas Managing Editor russell@enterprisesecuritymag.comJoshua Parker
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