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Matt Graves | January 23, 2024 I 5 min read
7 Best Identity & Access Management (IAM) Solutions for 2024
Identity and Access Management (IAM) software is a foundational element of modern cybersecurity, ensuring that the right individuals have access to the right resources at the right times for the right reasons. As cyber threats evolve, so do IAM solutions, offering sophisticated tools to safeguard digital identities.
In this post, we’ll cover the leading IAM solutions in the market today, including SailPoint, Saviynt, Okta, Ping Identity, ForgeRock, and CyberArk, along with a few other noteworthy contenders.
SailPoint
SailPoint offers an innovative approach to identity governance, focusing on automating and simplifying user access to various systems and applications. Its strengths lie in its robust policy management, compliance controls, and role-based identity governance.
SailPoint is particularly adept at handling complex enterprise environments, offering solutions like IdentityNow in the cloud and IdentityIQ on-premises. These solutions provide comprehensive visibility and control over user access, making them an ideal choice for large organizations with intricate access management requirements.
SailPoint has also started branching out into non-employee identities with their Non-Employee Risk Management (NERM) product as well as through their Access Risk Management (ARM) product.
Saviynt
Saviynt is renowned for its intelligent identity and access governance solutions, which are deeply integrated with cloud security. It's a cloud-first solution, ideal for organizations heavily invested in cloud infrastructure.
Saviynt excels in providing detailed access analytics, risk assessments, and compliance management. Its unique selling point is its ability to seamlessly blend IAM with cloud security, offering features like Privileged Access Management (PAM) and Application Access Governance (AAG).
Okta
Okta stands out for its user-friendly interface and extensive integration capabilities. This cloud-based IAM provider specializes in single sign-on (SSO), multi-factor authentication (MFA), and lifecycle management.
Okta’s adaptive MFA and broad application compatibility make it a go-to choice for organizations looking for a seamless, secure user experience. It’s particularly beneficial for businesses seeking an easy-to-implement solution that doesn’t skimp on security features and functionality.
Ping Identity/ForgeRock
Ping Identity completed an acquisition of ForgeRock in 2023, but the two companies have yet to announce how the platforms will integrate the technology. Because of the acquisition, we are counting the two platforms as one but have seperated them below to highlight their strengths. We will update you with any future details from Ping Identity!
Ping Identity offers a flexible and comprehensive IAM solution focused on enhancing customer and employee experiences. It provides strong capabilities in SSO, MFA, and user directory services.
Ping Identity is known for its emphasis on customer identity and access management (CIAM), making it a prime choice for businesses looking to balance security with customer experience. It stands out for its ability to support diverse identity types across various channels and devices.
ForgeRock is a full-suite IAM provider that excels in scalability and customization. It offers a broad set of IAM capabilities, including identity lifecycle management, access management, directory services, and edge security.
ForgeRock is particularly adept at handling complex, large-scale consumer and employee identity challenges. Its Identity Platform is designed to cater to both consumer-facing and employee-related IAM needs, offering a versatile solution for diverse business models.
CyberArk
CyberArk specializes in Privileged Access Management (PAM), a critical aspect of IAM. It's designed to secure, manage, and monitor privileged accounts and credentials across an organization’s IT environment. CyberArk’s solutions are particularly effective in mitigating risks associated with privileged accounts, which are often targeted in cyber attacks. Its comprehensive approach to PAM makes it a vital component of an enterprise’s security strategy, especially for organizations with many privileged users.
Microsoft Entra ID (formerly Azure Active Directory)
Microsoft Entra ID is ideal for businesses embedded in the Microsoft ecosystem. It provides seamless integration with Microsoft products and offers features like SSO, MFA, and conditional access policies. Entra ID is particularly useful for organizations needing to comply with various regulatory standards and has a low price point for Microsoft users.
IBM Security Verify
IBM Security Verify is known for its scalability and comprehensive features, including user provisioning, role management, and access governance. It’s a top choice for enterprises requiring a customizable IAM solution with a strong emphasis on compliance and advanced analytics and features both cloud-based and on-prem capabilities.
In Conclusion
Choosing the right IAM solution depends on several factors, including the size of the organization, complexity of the IT environment, compliance requirements, and specific security needs.
Whether it’s SailPoint’s governance-focused approach, Saviynt’s cloud-native capabilities, Okta’s user-friendliness, Ping Identity’s customer-centric solutions, ForgeRock’s scalability, CyberArk’s privileged access management, or the broad capabilities of solutions like Microsoft Entra ID and IBM Security Verify, the market offers a range of powerful tools to secure digital identities.
Final Thoughts
The key is selecting an IAM solution is finding one that aligns with your organization's unique challenges and goals, ensuring a secure and efficient digital ecosystem.
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