Blockchain, the digital ledger used for cryptocurrency, can serve as an effective identity management platform, asserts Chris Boscolo, CEO of ZNO Labs, who describes an approach he calls "self-sovereign identity."
An Australian company that issues identity cards for access to airports has been notifying applicants and cardholders that their personal information may have been compromised, according to a news report. Australian federal police are investigating.
Consumers are more concerned than ever about their identities being compromised, yet they're failing to connect the dots between fear and preventive measures, according to recent research conducted by IDology. John Dancu, the company's CEO, explains the implications for businesses.
Early experiments are demonstrating how blockchain, the distributed and immutable ledger behind virtual currencies, potentially could play an important role in identity management, says Avivah Litan, a Gartner Research analyst.
Businesses spend billions each year on identity and access management, but almost all of this money is spent on protecting the digital identities of humans - usernames and passwords.
On the other hand, businesses spend almost nothing on protecting machine identities, even though our entire digital economy hinges...
The need to strengthen enterprise authentication is almost universally acknowledged. Security professionals are quick to
look at two-factor and multi-factor solutions to accomplish the goal. Clearly, the addition of second and third factors addresses the need. However, in the process, security professionals often...
Over 55 percent of people will reuse passwords despite acknowledging the risks, says Amber Steel of LastPass. In the enterprise context, this bad behavior needs to be addressed without burdening employees with policies which could impact productivity, she says.
Have you heard the statistics supporting the fact that every enterprise - from airlines and appliance manufacturers to banks and hospitals - needs to make a digital transformation? By 2020, 72% of the world's employees will be mobile workers, more than 20B devices will be connected to the internet of things and we'll...
Technology, regulations and customer expectations all have evolved, but what does this mean for how organizations secure identities?
This evolution has proven to be a two-sided coin, particularly for financial institutions. It's not only allowing financial institutions to offer new, innovative products where...
What are the best practices for addressing security in "smart city" projects? Vikas Kanungo, senior consultant, transport and ICT global practice, at the World Bank, offers insights in an in-depth interview.
Account opening continues to transition from physical to digital channels, which means financial institutions and other organizations must optimize the digital experience in order to compete. At the same time, fraud is on the rise because of the same benefits enjoyed by consumers: convenience, speed, and ease of...
The Unique Identification Authority of India has taken the next step toward adding an extra layer of security to protect Aadhaar data, a move that some security leaders are welcoming in light of recent Aadhaar-related data leaks.
A handful of popular music videos published on YouTube were defaced on Tuesday, with two hackers claiming credit. But Google, which owns YouTube, says that tampering didn't occur directly on its platform.