In the dynamic realm of Identity Governance and Administration (IGA), organizations confront a pivotal juncture concerning their legacy systems. These once-reliable IGA platforms, having dutifully served their purpose for years, now exhibit limitations that impede both business growth and security. A significant proportion of these legacy systems have reached their end of life, lacking efficient mechanisms for the applications onboarding in factory model, leaving CISOs with compliance challenges. The reliance on legacy solutions translates to lingering manual and semi-manual processes, rendering them unsuitable for contemporary use cases. Moreover, unless a software company continues investing in product development, what was once considered cutting-edge in user lifecycle management becomes outdated, failing to meet the evolving requirements of today's organizations. Several legacy commercial identity management software solutions have ceased innovation, leaving organizations with higher support and maintenance costs and inadequate support.
The business case for transitioning from these legacy systems is undeniably compelling.
In this blog from CredenceIA, we delves into the compelling business case for moving on from your legacy IGA system and embracing the transformative power of modern solutions.
1. Adaptability to Modern Needs:
Legacy IGA systems, often designed for a different era, struggle to meet the demands of the modern digital landscape. Legacy IGA solutions are not end user friendly and have outdated UI, does not have compliance driven features or could support modern business, audit requirements. Some features such as user self-service, segregation of duties (SOD) or analytical capabilities are completely missing. They lack the flexibility and scalability required to address today's complex identity and security challenges.
2. Enhanced Security Posture:
Modern IGA solutions incorporate advanced security features like AI-driven threat detection, biometric authentication, and zero-trust principles. They empower organizations to proactively identify and mitigate risks, enforce policies, allow early detection, reduce risk with ability to proactively remove a users access, allow analytics and reporting ensuring compliance and data security. In the face of today's complex security challenges, modern IGA solutions are indispensable in safeguarding access to organizations critical applications, systems and assets. These features significantly bolster an organization's defense against evolving cyber threats.
3. Streamlined Compliance:
Legacy systems often require extensive manual effort to maintain compliance with regulatory standards. Modern IGA solutions offer automation and real-time compliance capabilities, ability for multiple different type of certifications, dynamic certification that track any changes. All these capability reduce manual effort, avoid certification rubber stamping, increase end-user engagement and allow automatic revocation of access that the reviewer has deemed not required. Collectively, the modern IGA solution help reducing risk and the burden on your team.
4. Improved User Experience:
Modern IGA solutions elevate the user experience through intuitive interfaces, streamlined processes, and self-service capabilities. By simplifying identity and access management, they reduce user friction, enhance efficiency, and foster a positive interaction, ultimately improving overall user satisfaction. Increased self-service capabilities also allow organizations to reduce burden and reliance on help desk thus reducing overall operational costs down.
5. Cost Efficiency:
Modern IGA solutions drive cost-efficiency through automation and centralized management. For instance, they automate user provisioning and deprovisioning, reducing administrative overhead. They streamline compliance processes, lowering auditing costs. Additionally, by consolidating different processes, ad-hoc identity and access management tools into a single platform, they diminish licensing and maintenance expenses. This holistic approach not only reduces operational costs but also optimizes resource utilization, as exemplified by several of our clients, which slashed IT expenses by 20%+ after adopting a modern IGA solution.
6. Competitive Edge:
Modern IGA solutions provide organizations with a competitive edge by enhancing security, streamlining processes, and optimizing compliance. Organizations that leveraged advanced IGA features help them achieve robust security, outpacing industry peers. Their ability to efficiently manage access and ensure compliance not only safeguarded sensitive data but also positioned them as a trusted partner, able to rollout new features and capabilities quicker, risk awareness and controls enforcement reduce overall threat to an organizations market position helping them gaining a competitive advantage in their market.
7. Better Governance:
Modern IGA solutions enable organizations to achieve better governance by providing advanced tools for precise identity management, access control, and compliance monitoring. These solutions enhance transparency, ensuring the right people have the right access at the right time. Organizations can enforce controls and governance framework, significantly reducing compliance issues and mitigating security risks. Modern IGA solutions are pivotal in fostering robust governance practices.
In conclusion, the business case for moving on from legacy IGA systems is compelling. The benefits span from adaptability to enhanced security, compliance, cost-efficiency, and a competitive edge. By embracing modern IGA solutions, organizations can future-proof their operations, stay compliant, and foster an environment that promotes efficiency and innovation. It's time to unlock the full potential of your IGA strategy by transitioning to a system built for the demands of today and the possibilities of tomorrow.
How CredenceIA Can Help Organizations to Make The Business Case for Transitioning from Legacy IGA Systems?
CredenceIA offers comprehensive cybersecurity planning, assessment, implementation, and managed services solutions to help organizations balance efficiency and effectiveness in managing their existing security initiatives. CredenceIA team helps organizations make the business case for transitioning from legacy IGA systems. We expertise in conducting comprehensive assessments that reveal the inefficiencies and compliance risks associated with legacy systems.
By quantifying the potential cost savings, increased security, and improved operational efficiency offered by modern IGA solutions, our advisors provide organizations with a compelling case for transition that aligns organizations business objectives with the transformative capabilities of next-gen IGA systems, ensuring a seamless transition that enhances both security and competitiveness.
By partnering with CredenceIA, our clients get personalized attention, agility, cost-effective solutions, and deep expertise. Your organization's security is not a one-size-fits-all matter, and neither should your service provider be. Contact us today to experience the CredenceIA difference and to discuss how our expert advisors can help your organizations to make the business case for transitioning from legacy IGA systems.
Note: This blog is for informational purposes only and should not be considered as professional advice. For specific cybersecurity guidance and implementation, consult with a qualified cybersecurity consultant at CredenceIA Consulting.