As more and more of our lives are spent online and the physical world grows ever more digital, the very notion of identity is changing dramatically. Authentication of who we are and how we are represented online has become paramount to both individuals and organizations. People want power over their identities and control over how and with whom their information is shared. Organizations face heightened security threats, alongside demands to compete in the digital economy, optimize workflows and improve customer and employee experiences. Constant retooling and uncertainty around identity only slows broader strategic innovations.
Identity and access management (IAM) has become a core building block for managing and authenticating digital identities. However, organizations face challenges with the design and security of IAM processes, prompting them to consider new technologies. Distributed ledger technologies (DLT), frequently referred to as blockchain, are different from existing IAM architectures as they are inherently decentralized. DLT enables shared recordkeeping, where transactions, authentications and interactions are recorded across and verified by a network rather than a single central authority.
With the surge in cybercrimes, threats, fraud and asset breaches, organizations play a crucial role in safeguarding sensitive data, securing IT and operational infrastructure (OT), and protecting peoples' identities. Many enterprise IAM leaders and IT professionals are questioning the relevant benefits and risks of DLT and consensus technologies:
Continue reading: https://searchsecurity.techtarget.com/tip/Blockchain-for-identity-management-Implications-to-consider
Identity and access management (IAM) has become a core building block for managing and authenticating digital identities. However, organizations face challenges with the design and security of IAM processes, prompting them to consider new technologies. Distributed ledger technologies (DLT), frequently referred to as blockchain, are different from existing IAM architectures as they are inherently decentralized. DLT enables shared recordkeeping, where transactions, authentications and interactions are recorded across and verified by a network rather than a single central authority.
With the surge in cybercrimes, threats, fraud and asset breaches, organizations play a crucial role in safeguarding sensitive data, securing IT and operational infrastructure (OT), and protecting peoples' identities. Many enterprise IAM leaders and IT professionals are questioning the relevant benefits and risks of DLT and consensus technologies:
Continue reading: https://searchsecurity.techtarget.com/tip/Blockchain-for-identity-management-Implications-to-consider
