Rapid Read    •   6 min read

B2B IAM Becomes Essential for Manufacturing Suppliers Amid Cybersecurity Concerns

WHAT'S THE STORY?

What's Happening?

Recent research highlights the importance of Business-to-Business Identity and Access Management (B2B IAM) for manufacturing suppliers. With 71% of identities managed by manufacturers belonging to non-employees, identity security has become a critical concern. Stolen credentials are a major vector for ransomware attacks, and weak identity management can expose manufacturers to cyber threats. B2B IAM offers a solution by providing secure third-party access, addressing the challenges of onboarding, offboarding, and managing cross-organizational access.
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Why It's Important?

Effective identity management is crucial for protecting manufacturing suppliers from cyber attacks, which can disrupt operations and compromise sensitive data. B2B IAM enhances security by managing third-party identities, reducing the risk of unauthorized access and data breaches. It also improves operational efficiency and business enablement, making it a strategic priority for manufacturers. As supply chains are frequent targets for cyber attacks, robust identity management is essential for safeguarding the industry.

What's Next?

Manufacturers are encouraged to adopt B2B IAM solutions to enhance security and streamline identity management processes. This includes implementing advanced consent management and privacy mechanisms to comply with data privacy laws. As cyber threats continue to evolve, manufacturers must prioritize identity security to protect their operations and maintain trust with suppliers.

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