This document discusses identity and access management (IAM) and its importance for security, privacy and compliance. It notes that without proper IAM, organizations risk losing compliance with regulations like Sarbanes-Oxley, GDPR, ISO 27000, Basel III and WFT. The document argues that ineffective IAM can hurt security, increase risk, require manual labor and result in a lack of continuous control. It promotes Elimity's IAM solutions that use analytics on existing tools, automation, and continuous prevention and action to help organizations address these issues.