Which of the following best describes Federated Identity and Access Management (IAM)?

Federated Identity and Access Management (IAM) is best described as a method for managing multiple logins by allowing users to access multiple applications or services using a single set of credentials. This system streamlines the sign-in process and enhances user experience by eliminating the need for separate logins for each service. It leverages trust relationships between different identity providers and service providers, enabling the sharing and use of identity information across different domains or organizational boundaries.

This capability significantly reduces the complexity associated with managing numerous usernames and passwords, promotes secure access, and improves the overall efficiency of user management across various platforms and services. By integrating multiple authentication sources, federated IAM also enhances security through standardized protocols, ensuring that identity verification is handled consistently.

In contrast, encrypting user data relates more to protecting data confidentiality and integrity rather than managing identities. Network security software focuses on protecting networks from unauthorized access, while creating user accounts is just one aspect of a broader IAM framework, lacking the comprehensive interconnectivity that federated IAM provides.