Digital identity security becomes vital in an increasingly risky world

A digital identity is a collection of data points that identify an individual or ogranisation. Advanced technologies are being used to create and protect digital identities

Digital identity and its protection have become increasingly crucial for people and organisations. Without authenticating identity, it is nearly impossible to conduct basic tasks at home and work. Some of the smartest new technologies are being used to create and protect digital identities.

 

Digital identity spans a wide spectrum of activities but it can broadly be classified into privacy and security. A third dimension is to detect and prevent breach and fraud. There are numerous categories within the label of digital identity, including creating credentials, master data management, financial transaction and authentication protocols.

 

The world market for digital identity is