With identity as a service (IDaaS) experiencing exponential growth and becoming popular these days, you may be thinking of implementing it in your business. If you are a growing company, particularly one that deals with a large volume of customer information, you will find this technology to be very helpful when it comes to protecting all of this sensitive data.
The phrase identity as a service comes up repeatedly in conversations about protecting users. In this day and age where IT related scandals are common, such as Facebook’s, many companies are turning to identity as a service providers to help them secure and manage online identities.
IDaaS comprises cloud-based solutions for identity and access management functions, like single sign-on (SSO). These methods make it possible for all users (customers, employees, and third parties) to more securely access sensitive information both on and off-premises. IDaaS can also mean collecting intelligence (i.e., logging events as well as reporting on which users accessed what information and when) so as to better understand, monitor, and improve their behaviors.
There are various key components of IDaaS, one of them being multi factor authentication (MFA). This is an increasingly popular way of verifying a user’s identity. This technology requires more than one piece of identifying information (i.e., a password). Typically, two or more of the following criteria are used: Something the user knows (such as a password), something the user has (such as a cell phone), and something the user is (such as a fingerprint or retina scan). For instance, there are some apps that have implemented Touch ID. In order to access these apps, a user must possess their cell phone and also know their password.
For more information on identity as a service,visit our website at https://authid.ai/
