Five IAM trends for 2023

The rapid evolution of Internet and the incorporation of digital products and services to all aspects of daily life has brought about an equivalent increase in cyber threats, most of them being identity and credential-based. IAM can help, but organizations must get their implementations right. Here are some IAM trends we have identified for 2023.

From telecommuting to entertainment, including healthcare, banking and education services, among other, life has become digital, and secure identity authentication has risen as a priority for organizations and users. IAM can help, but organizations must get their implementations right. Here are some IAM trends we have identified for 2023.

So far, 2022 has seen its share of security data breaches, most of them being identity and credential-based. In many cases the implemented defense systems could not account for human error and for deficiencies of an inclusive security across all identity surfaces.

According to researchers and experts, a pattern emerged in which there was a concerted targeting of identities and identity systems by cyber-delinquents. Users demand from organizations and service providers a tight-attack-proof security and identification systems on which the can relay.

A quick word on IAM

As we have seen, secure access and identification are a must in today’s world, and organizations have to re-think their cyber-security strategies.

So, here is when Identity and Access Management comes in. Identity and Access Management (IAM) is a specialty within cyber-security that allows an organization to set up access control, rights, privileges, and manage identities.

Both, employees and customers of an organization leverage IAM solutions. Also, IAM systems allow IT administrators to monitor and ensure that their employees and users know who is authenticating and how they are accessing applications.

Besides implementing identity management and access control,  IAM systems also support various identification methods such as MFA (multifactor authentication), 2FA (two factor authentication), single sign on (SSO), smart logging, etc.

Thus, organizations need to get their IAM implementations right, because the friction associated with any of these deployments determines whether the initiative will succeed or fail.

What to expect in 2023

As we say goodbye to 2022, we take with it the memories of some notable security breaches such as the experienced by Uber last September (despite MFA protocols), there are some key trends that will shape IAM projects in 2023.

According to Gatner, “Enterprise security leaders continue to seek approaches to identity and access management (IAM) that balance trust and accountability against cost and user experience (UX). Biometric authentication has the potential to achieve that balance better than traditional methods like passwords or tokens”.

Main IAM trends in 2023

IAM tools and processes must be improved to provide better user experiences for end users as well as for IAM administrators and developers.

1.- Flexiblity

IAM infrastructures (identity fabric) will need be both flexible and robust to meet rapidly changing business requirements and the increasing demands of identity-first security.

B-FY is a modernization tool for identification and access easily integrated in our client’s security systems. Designed for quick integration, B-FY onboard is activated in minutes, without the need to make any significant changes to our client’s system. Implemented with market standards such as OpenId, straightforward integration and robust operation are guaranteed.

2.- Better UX

IAM tools and processes must be improved to provide better user experiences for end users as well as for IAM administrators and developers.

By integrating B-FY into their IAM structure our clients can improve their UX while complying with the norm. B-FY is a biometric system of “Identification as a Service” (IDaaS), that uses the biometric tools integrated into the device’s operating system, which does not require effort for the user and where a learning curve is not necessary.

3.- Agility

SaaS-delivered IAM will increase because it offers greater agility, efficiency, cost, disaster recovery, and business continuity.

B-FY is an agile, cost-effective solution that prevents economic losses due to security breaches, implementation of hardware, or costs associated to sending text messages (SMS) every time an authentication is needed.  

4.- A new approach

IAM intends to protect identity-first security. A new approach of the IAM architecture is in the making, based on a more centralized policy management, to reduce digital silos and gaps, and a more distributed policy enforcement and enablement.

The B-FY system is integrated into the client’s application in the places where they want to make an identification, physical or online. In places where the client has integrated B-FY, a temporary QR code will be generated, and the user will read it with the application installed on their device. This process will initiate the communication between the user’s device, the B-FY’s server and the customer’s online or physical access point.

During this process, the only communication between the app and the physical access point or the client’s website is the reading of the temporary QR, guaranteeing that the user is in front of the screen. The rest of the operations are carried out from the central B-FY system, without direct app-access point communication.

5.- Identity data analytics

As demands on IAM infrastructure increase, so does the need for higher levels of automation and more complex uses of identity data and identity configuration data. In this context, identity data analytics will be crucial for continuous controls.

One of B-FY’s goals is to eliminate identity theft fraud by unequivocally identifying individuals. We have developed an identification protocol that offers the maximum guarantees of protection and privacy of the user’s data, while allowing our clients to build analytics that help them improve their businesses security performance.

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