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The CISO's Guide to Building an IAM Risk Matrix

Written by Chiel from Elimity | Jul 17, 2025 2:50:27 PM

Why CISOs Visibility into IAM Risk

Many security teams manage user access in the dark, without clear insight into who has access to what, or why. This lack of visibility makes it difficult to stay ahead of both attackers and auditors, especially under growing compliance pressure from frameworks like NIS 2, DORA, and ISO 27001.

Making IAM risks visible helps you:

  • Spot hidden threats like orphaned accounts; 

  • Prioritise what matters instead of chasing generic checklists

  • Communicate risk clearly to management and auditors using real-world impact

  • Prove control with evidence-based insights, not assumptions

What Is an IAM Risk Matrix?

An IAM Risk Matrix is a simple yet powerful tool that helps visualise identity risks based on two key dimensions:

  • X-axis: Likelihood – How likely it is that the risk will occur, based on factors like current control maturity or past incidents.

  • Y-axis: Impact – The potential damage if the risk materialises, such as data breaches, audit findings, or operational disruption.

By plotting risks - such as orphaned accounts, privileged access, or segregation of duties (SoD) violations - on the matrix, security and compliance teams can quickly identify which risks require urgent attention and which are lower priority. 

The 12 Identity Risks to Plot in the IAM Matrix

To get value from your IAM risk matrix, start by mapping the most relevant risks across your environment. These risks commonly affect security, compliance, operational efficiency, and data quality.

Here are 12 identity-related risks to consider:

  • Orphaned Accounts – Unused accounts from former employees or systems

  • Privileged Accounts – High-access accounts that are harder to monitor

  • Excessive User Access – Users with more permissions than necessary

  • Segregation of Duties (SoD) Violations – Conflicting access that enables fraud

  • Business-Specific Policy Violations – Access without required training or checks

  • Incomplete Access Reviews – Outdated or unvalidated access rights

  • Lack of Joiner-Mover-Leaver (JML) Enforcement – Delays in updating or removing access

  • No Ownership of Roles or Entitlements – Assets with no accountable owner

  • Identity Hygiene Issues – Cluttered or unnecessary active accounts

  • Role Hygiene Issues – Overlapping, unused, or poorly defined roles

  • Inefficient Offboarding – Access left open after people leave

  • Data Quality Problems – Incomplete or inconsistent identity records

How Elimity Helps CISOs Identify & Reduce IAM Risk

The IAM Risk Matrix clearly illustrates the difference between an uncontrolled and a well-managed identity environment.

  • Without Elimity, many risks—like orphaned accounts, excessive privileges, or missing access reviews—remain invisible, leading to a high likelihood and high impact on the matrix. 

  • With Elimity, those same risks are continuously monitored, quantified with KPIs, and reduced through targeted actions. As a result, their likelihood and impact shift downward, proving that identity risks are under control.

 

Interested in identifying your IAM risks?