An identity and access management (IAM) solution helps businesses manage the lifecycle of digital identities and secure the resources they can access. With an IAM solution, you can provide secure access to systems and assets on your network or beyond, in the cloud. The Verizon 2021 Data Breach Investigations Report found that in 61 percent of instances of data breaches, stolen credentials were involved. There are two different core types of IAM solutions that differ in how theyre implemented: On-premise and cloud-based. Cloud-based access management solutions are accessible as services delivered as software-as-a-service.”]
Source: https://securityaffairs.co/wordpress/120474/security/identity-and-access-management-businesses.html