IAM Features
Shared Access to your Account: A team working on a project can easily share resources with the help of the shared access feature.
- Free of cost: IAM feature of the AWS account is free to use & charges are added only when you access other Amazon web services using IAM users.
- Have Centralized control over your AWS account: Any new creation of users, groups, or any form of cancellation that takes place in the AWS account is controlled by you, and you have control over what & how data can be accessed by the user.
- Grant permission to the user: As the root account holds administrative rights, the user will be granted permission to access certain services by IAM.
- Multifactor Authentication: Additional layer of security is implemented on your account by a third party, a six-digit number that you have to put along with your password when you log into your accounts.
Identity and Access Management
In a recent study by Verizon, 63% of the confirmed data breaches are due to either weak, stolen, or default passwords used. There is a saying in the cybersecurity world that goes like this “No matter how good your chain is it’s only as strong as your weakest link.” and exactly hackers use the weakest links in the organization to infiltrate. They usually use phishing attacks to infiltrate an organization and if they get at least one person to fall for it, it’s a serious turn of events from thereon. They use the stolen credentials to plant back doors, install malware or exfiltrate confidential data, all of which will cause serious losses for an organization.