Identity Access Management Published on: In today’s rapidly evolving digital landscape, Identity Access Management (IAM) plays a crucial role in ensuring secure and efficient digital interactions. By safeguarding sensitive data and enabling seamless access to essential services, IAM solutions drive financial inclusion and accelerate digital transformation across various sectors. As these innovations continue to reshape the way individuals and organizations interact online, their societal impact becomes increasingly significant. This article delves into the broader implications of IAM, drawing on the extensive research of distinguished digital security expert Sushant Chowdhary . Through their insights, we explore how these advancements influence individuals, businesses, and society as a whole. The Evolution of IAM: From Passwords to Biometric Authentication Traditional authentication methods, such as passwords and security questions, are rapidly losing credibility due to their susceptibility to being hacked. Candidates that facilitate weak passwords or reuse passwords affect some of the biggest data breaches. Security standards have now been redefined with the incorporation of biometric authentication-fingerprints, iris scans, and facial recognition. Thus, unlike passwords, biometric data is unique to every individual, defeating risks coming up with credential theft. While improving security, these technologies also enhance the user experience, reducing fraud and unauthorized access. […]
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