WHAT IS IAM ?
Identity Access Management abbreviated as IAM is one of the most important technology used in a business. IAM is a technology which facilitate all the management of electronic identities and digital identities in a business.
IAM has -
single sign on system.
two factor authentication.
multi factor authentication.
privilaged acces management.
These technologies helps the organizations to keep data secure and ensure that it's accessible to only them who are authorized by the organization and also ensure the level of access given to a particular authorized person.IAM is also important for authentication and deciding the roles for individuals.
Why is IAM important?
IAM is very important for keeping the data secure and preventing unauthorized access to the data and the organizations confidential files.Technologies like IAM helps the business to secure their data environment and enhance privacy of their products and services manually handling things will make industry prone to data breach and will compromise their security therefore with IAM we automate all these tasks
try to understand with this analogy - when u go to a bank there are security guards and authorised personel the authorised personal have a specific department to work on like somebody is providing loan somebody is opeing new account somebody is taking care of cashdeposits all of them have a access to their own department somebody from cashdeposit department can't provide u loan because all the data and required resources of that institution is accessible to only them who are authorized in that particular department to access those resources with a proper authentication id.