Security News > 2021 > September > The digital identity imperative

Creating an identity layer wasn't imperative for the creators of the internet as they didn't predict the emergence of online platforms that facilitate people-to-people interaction.

Establishing a verified digital identity is a complex process.

Firstly, digital identification procedures require checking in with conventional and alternative data sources and identity tools that are scattered across many different channels and providers.

Sophisticated security threats like synthetic identity fraud and data breaches have made individuals understand the need for reliably and securely establishing a digital identity.

With heightened awareness around frauds and scams, data privacy rights are top of mind, emboldening individuals to be better informed regarding the data collected about them and take more ownership of their digital identity.

A uniform digital identity network would support data minimization, that is, ensuring only the sensitive information needed for a specific interaction would be accessed securely by a third party with our authorization.

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