Skip to main content

The future of digital identity verification will be as simple as saying 'Hi, it's me' | City A.M.

Ajay Bhalla is chief enterprise security solutions officer for Mastercard. He leads the team that develops product solutions to ensure safety and security for consumers, merchants, partners and governments in their global network. (He serves on the company's management committee.) So when he talks about digital identity, he is worth listening to.

"What we need instead is a verified identity that is accepted globally and across multiple digital touchpoints."

From "The future of digital identity verification will be as simple as saying 'Hi, it's me' | City A.M.".

Ajay is right about this, as you might expect. But I disagree that we need “a verified identity”. What we need, of course, are “verified identities” that we can choose from on a per transaction basis.

To illustrate the point, an anecdote. I was reading Ajay’s article.

Comments

Popular posts from this blog

We could fix mobile security, you know. We don't, but we could

Earlier in the week I blogged about mobile banking security , and I said that in design terms it is best to assume that the internet is in the hands of your enemies. In case you think I was exaggerating… The thieves also provided “free” wireless connections in public places to secretly mine users’ personal information. From Gone in minutes: Chinese cybertheft gangs mine smartphones for bank card data | South China Morning Post Personally, I always use an SSL VPN when connected by wifi (even at home!) but I doubt that most people would ever go to this trouble or take the time to configure a VPN and such like. Anyway, the point is that the internet isn’t secure. And actually SMS isn’t much better, which is why it shouldn’t really be used for securing anything as important as home banking. The report also described how gangs stole mobile security codes – which banks automatically send to card holders’ registered mobile phones to verify online transactions – by using either a Trojan...