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Frost & Sullivan, as part of its ongoing research of cybersecurity, recently updated its identity and access management (IAM) study. Frost & Sullivan defines IAM as a framework that controls and manages identities and access (human and non-human) as well as policies across IT infrastructures to protect enterprises from unauthorized and potentially harmful security breaches. The solutions comprising an IAM solution include, but are not limited to, single sign-on (SSO), multifactor authentication (MFA), lifecycle management (provisioning, de-provisioning), password management, and compliance management.

Cybersecurity continues to be one of the highest priorities for all enterprises. The challenges are accentuated by constant changes in regulations, rules, new threats and the lack of resources. Recent geopolitical events such as the COVID-19 pandemic and the Russo-Ukrainian War have further exacerbated cybersecurity complexity and attacks. Enterprises struggle to maintain a robust IAM security profile in view of high complexity, silos, multiple stakeholders, and lack of compatibility among systems.