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Core Cybersecurity Topic

One reason IAM is an important part of cybersecurity is that it helps an organization’s IT department strike the right balance between keeping important data and resources inaccessible to most but still accessible to some. IAM makes it possible to set controls that grant secure access to employees and devices while making it difficult or impossible for outsiders to get through.

Another reason that IAM is important is that cybercriminals are evolving their methods daily. Sophisticated attacks like phishing emails are one of the most common sources of hacking and they target users with existing access. Without IAM, it’s difficult to manage who and what has access to an organization’s systems. Breaches and attacks can run rampant because not only is it difficult to see who has access, it’s also difficult to revoke access from a compromised user.

While perfect protection unfortunately doesn’t exist, IAM solutions are an excellent way to prevent and minimize the impact of attacks. Instead of restricting everyone’s access in the event of a breach, many IAM systems are AI-enabled and capable of detecting and stopping attacks before they become bigger problems.

Growing Market

The field of Identity and Access Management (IAM) has experienced consistent growth since its inception. However, we are currently witnessing a rapid surge in the adoption of IAM technology, accompanied by increasingly substantial budgets allocated for IAM projects and their long-term sustainability.

According to the latest forecasts from Gartner, the global IAM market is expected to expand from $15.61 billion in 2021 to a substantial $31.99 billion by 2027. This increase in numbers reflects a significant transformation within the industry, one that has undergone substantial changes and is poised for further evolution in the coming years.

For individuals interested in pursuing a career in a field with a promising future, one that will revolutionize how businesses secure their operations and enhance the user experience, there is still ample opportunity to become part of this exciting journey.

Shortage of Talent

The cybersecurity sector is grappling with a shortage of talent, and Identity and Access Management (IAM) is no exception to this issue. This shortage can be attributed to several factors. Firstly, there is an evident deficit in the number of recent graduates with IAM expertise compared to the market’s demand. While universities and educational institutions are increasingly offering specialized IAM training programs, they fall short of fulfilling the demand.

Although online courses are available, whether free or reasonably priced, they tend to primarily emphasize the technical aspects of IAM. However, a significant part of the IAM landscape involves functional and business-related aspects. This underscores a lack of comprehension of the subject matter among many industry players, leading to a misalignment of talent.

Career Opportunities

The imbalance between the available workforce and the open positions in the IAM sector gives job seekers a significant advantage when dealing with recruiters. Whether it’s a recent graduate or someone seeking a career change, those venturing into IAM have various avenues to explore.

For individuals considering an independent career path, the IAM field presents work opportunities that cater to their preferences: flexibility, remote work possibilities, and attractive compensation packages. Speaking of salaries, the talent shortage inevitably leads to salary increases, with negotiations generally favoring the candidates.

A Unique Field in Cybersecurity

IAM stands as a multifaceted domain within the realm of cybersecurity, offering opportunities to a broad spectrum of professionals. Any IAM project or organization demands the involvement of technical experts for solution deployment and maintenance, as well as functional experts for shaping access policies, IAM procedures, and data models and so on.

As a result, IAM is an inclusive domain that embraces a diverse array of profiles, encompassing developers, business analysts, UX specialists, data analysts, and more. Interestingly, it’s quite common to observe professionals transitioning between roles over the course of their careers.

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