October 15, 2020
Digital transformation has changed the business world dramatically, implementing effective changes that have streamlined processes, increased efficiency and aided new and old ventures alike. However, with the increase in dependence on these emerging technologies, organisations now find themselves dealing with multiple stakeholders, each of which bring distinct benefits, needs and risks.
These stakeholders include employees, customers, third parties (such as suppliers and partners), and, increasingly, devices, all of whom have separate digital identities. Organisations must ensure that they are prepared to handle and authenticate each of these, so their networks and processes remain protected and intact.
Previously, identity authentication was handled by enterprise directories, whose storage capabilities have been quickly outgrown in the age of ultra-connection and of the Internet of Things. Of course, there are modern authentication solutions, but these often are only compatible with certain devices or networks, and use of multiple solutions creates a bloated enterprise network. Furthermore, some legacy devices or tools are often not compatible at all.
At present, there is no clear, simple way to handle the mass of identities that an organisation’s network must now process. Solution after solution is piled into the network, but these only serve as temporary fixes to keep the organisation running. This is not sustainable.
There needs to be an accurate source of truth; a trustworthy method of identification and authentication that serves a multitude of devices, partners and networks. By finding a unified solution, organisations will not only streamline their identity management, but also greatly strengthen their cybersecurity posture.
Digital transformation is not just a trend – it is a business necessity. Organisations should not neglect updating their systems and processes, and should take advantage of the great potential of emerging technologies such as IoT or Smart devices to enhance their business. With a little care and consideration into identity management, businesses will soon streamline their processes and protect their networks.
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