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Identity and Access Management (IAM) is a collective term that covers merchandise, processes, and policies for managing user identities and regulating user access in the company. IAM systems are intended to perform three key undertakings: identity, authenticate, and authorize. This means, just the right people ought to access PCs, equipment, software applications, any IT assets, or perform certain tasks. The right people are permitted to access and deal with sensitive data. By controlling client access, organizations reduce instances like identity theft, data breach, and illicit access to private data.