The Makesure Group’s Post

I can’t thank enough, the teams of people in The Makesure Group, Digital Investment Group Limited, Next Logic SRL Web Agency, and the Australian Government Department of Finance who have contributed to RatifyID becoming accredited under the Trusted Digital Identity Framework.   Our Ratify solution was the first step to a digital wallet, and after a huge year putting RatifyID together, today it launches in the app stores. People can use RatifyID to set up their Digital Identity on their phone, and then be able to prove their verified identity without handing over identity documents, significantly reducing the risks of identity theft.  RatifyID is free to the public and can prove you are verified by scanning a QR code on the RatifyID website.   If you’re part of a business asking people to hand over a copy of their licence or any other form of identification (I’ve had at least five big corporates who should know better in the last 6 months), now is the time to change this practice. If you have a data breach you’ll end up changing it, which will be after you have spent vast sums of money investigating what happened, dealing with the government, and going into brand protection.  We look forward to changing how identity is perceived and used in Australia. #digitalidentity #identitytheftprotection #databreach #cybersecurity

Key Take-aways: 1. Stronger Security Measures: eIDAS 2.0 mandates stronger user authentication for private services, enhancing overall security and reducing the risks of identity theft and fraud. 2. European Digital Identity Wallet (EUDI): This new digital wallet allows users to store and manage their digital credentials securely, enabling seamless identification across various services and EU member states. 3. Standardized Identity Verification: Businesses will benefit from a streamlined and standardized approach to identity verification, simplifying processes and ensuring consistency across borders. 4. Data Protection and User Consent: The updated regulation emphasizes stricter data protection standards and clear consent mechanisms, giving users greater control over their personal information. 5. Mandatory Compliance by 2026: Businesses must start developing their identity management strategies now to comply with the mandatory acceptance of EUDIs by 2026, avoiding the risk of falling behind. 6. Proactive Adaptation: Businesses are encouraged to evaluate their current identity verification processes, integrate EUDIs into their systems, and prioritize solutions that protect customer privacy. #eIDAS2 #DigitalIdentity #EUDI #DataProtection #IdentityVerification #Regulation

We’ve asked Robert Garskamp - Founder of IDnext association - about his thoughts and ideas for the future of digital identity. He shared his knowledge on the latest challenges, use cases, and the development of digital identity in the coming 5 years 🆔 ➡️ Could you tell us a bit more about yourself and what you do? As an expert with over a decade of experience, I strive to share my knowledge in digital identity, security, privacy, mobility, risk management, and compliance. I collaborate with various organizations across different sectors, both public and private, offering advice and consultation on digital identity. I'm also the founder of IDnext. An open and independent conference. It's more than just a project; it's a passion to support and facilitate innovative approaches in the world of digital identity. ➡️ What is the biggest challenge in identity management and digital identity right now? One of the biggest challenges remains the development of seamless journeys utilizing digital identity, such as fast and secure payments, for example. Organizations have begun to recognize the impact and importance of next-generation digital identity systems. However, implementation is the next step in utilizing identity verification as part of the process to access goods and services online. ➡️ What emerging use cases do you see for more modern ways of digital identity? We can’t ignore the growing importance of identity wallets – mobile apps that give users full control over the data they share with organizations. Identity wallets not only increase users' online security but also prevent fraud. I expect use cases for these wallets will appear in various sectors like, industry events, loyalty and reward programs, enhanced customer support, and personalized coupons. ➡️ How do you see digital identity evolving in the coming 5 years? The digital world has emerged into the physical world. Solutions are likely to move us towards the promise of a single Digital ID that allows us to simply, safely, and securely navigate a connected world. Keeping digital identities is still a challenge, but will mostly (still) rely on password-based systems and 2FA mechanisms. However, the development of passwordless is expected to be accelerated. Thanks for sharing your knowledge Robert! 🙌🏻 — In our ID Insights series, we’re asking digital identity experts to share their expertise on identity management and digital identity. #digitalidentity #SSI #IDinsights

#identityandaccessmanagement is no longer just about #productivity ....that was sooooooo 20 year ago ;) Totally agree with you Henrique Bernardes B Teixeira 100% - #accountresets #identityverification & attacks on the full #identitylifecycle will require an orchestrated, consolidated response. All of this will be coupled with further convergence and fusion with --- #IAM + #cybersecurity + #frauddetection (and #fraudprevention ). The #identitysecurity market continues to heat up!

New M&A 🔥 activity in the #identity world. Entrust enters discussions to acquire Onfido. In our latest #Accessmanagement Magic Quadrant @Gartner predicted: "By 2027, integration with identity verification for onboarding, credentialing & recovery will be a standard feature of access management tools, potentially reducing account takeover attacks against these processes by 75%." On a separate note Microsoft also announced the preview of a new biometric authentication to their Verified ID product. https://lnkd.in/gTCFQiQn IDV using ID+selfie is also emerging as a popular control against attacks, expanding its primary use from customer onboarding into an alternative user flow for high-trust transactions, credential recovery or as a response from a suspicious signal. In this MQ research, 27% of vendors surveyed offer their own IDV add-ons, and all of them are capable of integration with third-party IDV tools. #IAM #mergersandacquisitions #identityverification #idv #accessmanagement

AU10TIX’s Digital ID suite identifies potentially fraudulent activities: AU10TIX announced the expansion of its Digital ID solution, which enables businesses to securely verify IDs of all types, including physical, digital, eID, verifiable credentials, and more. AU10TIX’s fully automated Digital ID solution serves as a verification hub for business owners, enabling more accurate identity verification. It enhances completion rates, improves the customer experience, and drives revenue growth. The solution ensures thorough verification of all digital IDs by validating the cryptographic signature and cross-checks the … More → The post AU10TIX’s Digital ID suite identifies potentially fraudulent activities appeared first on Help Net Security.

Thank you to the #wallstreetjournal for the opportunity to tell ID.me's story. Recognizing the frustration consumers experience in navigating websites and endless account logins and passwords, ID.me has developed a digital identity network that prioritizes user experience and security/privacy. A user verifying their identity once on ID.me gets frictionless access anywhere ID.me is accepted, accessing a range of services across commerce, healthcare and government services. This pre-verification process puts users on a digital fast lane, with greater than 99.5% pass rate and verification period in seconds to prove identity. With ID.me, users are empowered to choose the verification pathway they prefer: self-service, video chat, or in-person. And importantly, user experience doesn’t have to come at the expense of privacy and security, as ID.me does not sell user data. As an American-owned, veteran-founded company, ID.me is transforming digital identity verification. We collaborate with government agencies and commercial enterprises to make online interactions smoother, safer, and more accessible for everyone. #fastlane #digitalidentity #identityverification

Jim Slevin has written an great blog that every business leader should read from which services need to verify the identities of their clients. It expertly addresses todays way of thinking about the balance between conversion and security—a topic that is more relevant than ever. Organizations always pursuit higher conversion rates, but they often overlook the importance of robust security measures, risking the safety of their services and customers. Jim’s insights into identity verification technologies are a must-read for anyone looking to protect their business while driving growth. Don't miss out on this essential piece—your business could depend on it. #identityverification #conversion #security

A few weeks ago, an opinion piece mischaracterized how an individual verifies his or her identity with ID.me. We wanted to correct the record. Recognizing the frustration people experience in navigating government websites and multiple passwords, ID.me has developed a platform that gives priority to both user experience and security. A user verifying his identity once on ID.me gets access anywhere ID.me is accepted, accessing a range of services with one login and password. This pre-verification process puts users into a digital fast lane, with a greater than 99.5% pass rate and a verification period of less than a minute at new sites. With ID.me, users are empowered to choose the verification pathway they prefer: self-service, video chat, or in-person. And importantly, user experience doesn’t have to come at the expense of security. As an American-owned, veteran-founded company, ID.me is transforming digital identity verification. We collaborate with government agencies to make online interactions smoother, safer, and more accessible for everyone. Learn more in this Letter to the Editor from Michael Cassel. https://lnkd.in/gQRhcCAJ

You don't want 100% conversion. There is a point where frictionless processes in a security regime can go too far, in which prioritising customer experience over security leads to false accepts during the identity verification process. This is the point of Jim Slevin in our latest blog post on fraudless, not frictionless, conversion, and how companies can achieve both happy customers and high security in their services. In this age of deepfakes, the vendor sales maths of future revenue lost due to abandoned sign up doesn’t add up – and it never did. Learn more in Jim's article here: https://hubs.la/Q02B3wnR0 #customeronboarding #frictionlessonboarding #conversionrates