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Identity And The Battle For Privacy In 2024

Identity And The Battle For Privacy will be discussed in this article. Online and off, privacy and identity have long been contentious issues. However, while we may easily manage our identification and privacy in the offline world, third-party organizations that we deal with and trust to protect our data have long had power over our digital identity.

History has repeatedly demonstrated that we cannot trust such third parties with our personal information, as evidenced by significant hacks that have exposed our names, addresses, phone numbers, credit card information, and numerous other identifying details. What’s even more alarming is that third parties have long made money off of our data, utilizing it in a sneaky and malevolent way to further their own financial interests. We are in the era of digital capitalism and digital monitoring.

Identity And The Battle For Privacy In 2024

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In an effort to provide internet users greater control over their information and who can access it, the idea of online identity is fast changing. The idea of self-sovereign ID or decentralized ID technology—two phrases that are essentially interchangeable—is gaining traction in a number of nations worldwide. Users of the internet can access the services they choose, but they may also manage what personal information they reveal and how.

However, as the world becomes more privacy-conscious, we must get ready for big platforms to oppose the trend. It is imperative that we demand global policy makers to support us in our efforts to enhance privacy and user-centric data services. Along the road, there will be obstacles related to security, privacy, and economic models that we need to be ready for.

Evolving identity

Whether you are online or off, the world views identity very differently. You keep your passport and driver’s license in the offline world and provide them just as needed. Desire to take to the skies? Present your passport, but carry it with you. Someone looks through your driver’s license to confirm your age when you wish to purchase alcohol at the store.

However, the establishment you visited does not keep your license or passport on file once you leave and authenticate your identity. They recognize that the document you hold is a legitimate form of identification that can be verified, that you, the person listed on it, submitted it to them, and that as it is an official government-issued card, they can trust its contents. It’s a type of self-sovereign ID that the person fully owns and controls, acting as a verifiable credential without giving sensitive information to a third party.

The internet has historically taken a very different approach. Digital data is requested from you by Google, Facebook, and other well-known sites in order to authenticate your identity. Following that, they keep the data on their own servers. In those situations, internet users effectively give a third party their licenses or passports and assume that the data will be protected.

It isn’t kept secure way too often. Furthermore, although we can expect that a provider will safeguard our information, the truth is that not even the biggest companies or governments in the world are able to provide data security. In the end, that serves to further emphasize the larger trust problem that online users still encounter. We internet users have found that the platforms we are meant to trust with our data are just untrustworthy, even in the best-case scenario. In more severe situations, we’re discovering that they’re abusing our data for personal gain. Large data hoards, akin to vast gold reserves, provide a formidable structural challenge that is practically difficult to completely safeguard against theft.

This is the exact reason why the shift toward digital identification and decentralized data services is so significant and consistent with how society has functioned for many years.

We are able to take back control of our personal data with the help of those technologies. We may safely store our information on our device in a digital wallet app rather than giving it to a third-party supplier. This data, also known as “credentials,” can take many different forms, but they are usually the digital copies of documents we are already familiar with, such as membership cards, passports, driver’s licenses, boarding passes, and even medical records. In the future, they may also include new digital credentials pertaining to numerous other aspects of our online identities and lives.

Then, we may exchange a digital proof that can be instantly validated while protecting our data when a company or peer demands information from us. In the real world, it’s as simple as showing our driver’s license or passport. Furthermore, it is equally trustworthy and portable: Avast team members assisted in the development of a number of open standards and protocols that enable anybody, anywhere, to validate these credentials.

A real-world problem

Our efforts in this area are motivated by the very difficult truth that identities are under attack and are increasingly being monetized by people who should be more concerned with defending them rather than just the prospect that they may be targeted.

Twitter declared only a year ago that it had banned a malevolent hacker who had taken personal information and other data from all 45 million users in the nation. After gaining access to Argentina’s National Registry of Persons, the hackers made an offer to sell the information on a dark web forum.

According to a study published earlier this year by researcher Javelin Strategy & Research, identity theft attacks will cost Americans $56 billion by 2020. Of that amount, thieves stole almost $13 billion by hacking personal data.

The Identity Theft Resource Center reported in December that there had been 1,291 data breaches aimed at user identities through September 2021, an increase of 17% from the previous year. In the security community, the majority of us confidently anticipate that increasing trend to last far into 2022 and beyond.

A real-world movement

It’s true that not everyone will immediately begin utilizing wallets to safeguard their digital identities. There will be a delay in this relocation. However, there have already been encouraging advancements in the field. Also check Webcam Security

The blockchain-based Alastria initiative, which was initiated by a group of well-known companies, is an excellent example. Its approach, which offers users complete control over their identities, is being quickly embraced in Spain and is receiving positive feedback. A number of other European nations, such as the Netherlands, Finland, and Germany, are also adopting the technology and intend to build upon some of these first fixes to establish a functional framework for future developments in digital identity.

For quite some time, we at Avast have also had our eye on the decentralized identification arena. We purchased Evernym, a US startup last year that is well known for being a trailblazer in the development of self-sovereign identity standards and technology. Evernym is also well ahead in creating a real solution to increase trust in our digital interactions. By integrating their technology with ours, we can further our goal of providing digital trust services that are decentralized.

The Challenge ahead

However, difficulties remain as we and other businesses—as well as privacy groups worldwide—continue to work toward developing a better digital identification solution.

There is still more work to be done, even if European nations have adopted decentralized identity services more fully than the United States and other nations have. Even the most proactive European nations in enhancing digital privacy are merely creating a framework for the potential functionality of these technologies. Global regulatory policies requiring businesses to use decentralized digital trust services are ultimately what’s required. That is not going to happen, though.

Even worse, the idea isn’t well-liked by large platforms like Google and Facebook. Less control over users results from losing access to their data. It also drastically reduces the value of the data that these corporations save. However, we need support from all quarters in order to proceed with a strategy and plan, and those platforms are bracing themselves for battle by pledging to strengthen their privacy features and curtail online and app tracking. They also don’t take long to point out that our best chance at data security comes from their size and procedures. They claim that without them, things will only become worse.

We also have to admit that even the best-intentioned technology have flaws. Even while this technology is and will become increasingly vital, there will always be privacy and security concerns, and hostile actors who wish to impede our advancement will continue to operate in this way. We have to be ready to deal with such issues when they come up, or better yet, before they become issues.

However, the consequences could be too severe and the stakes too high to ignore that path and fail to provide a workable answer to the current digital identity issue. Ultimately, how will we handle a future when services go online and prioritize digital identities across various platforms if we can’t even overcome the problems we already confront?

Decentralized data and identification technologies and methods are fortunately available. And a lot of us in the security community are working ferociously hard to develop solutions that allow users considerably more choice over who may access their data and how it will be used, in addition to safeguarding it.

However, given the impending obstacles and the platforms getting ready for war, we all need to support initiatives that uphold security and privacy, as well as the services that will support them. Our standards must be raised, and we must encourage the ideas that lead to improvement. The only way to build a future where security and privacy are central to our shared digital experiences is to do just that. Also check Cybersecurity Risks of Proxies

At Avast, we think that the best method to accomplish user-centric digital interactions is through a digital smart agent that takes the form of an app or service for people. Furthermore, we think that this kind of digital smart agent can be interoperable globally through strong public-private sector collaboration.

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