Why is Digital Identity so Important?
It is essential to have digital identity due to the fact that trust is the basis of any relationship. Without trust, organizations and governments cannot properly develop digital transformations and customers will not be comfortable using online tools, which can lead to missing out on essential services.
- Currently, with the pandemic, more people are relying on remote network connections, the Cloud, and home working, and thus the lack of trust can be an immense problem. Additionally, relying on traditional forms of identity such as passwords is no longer enough to ensure security online.
- According to Gartner, at least 80% of government services that require citizen authentication will support access through multiple digital identity providers by 2023.
- A digital identity solution in healthcare facilities can help professionals enjoy a single view of identity, reduce human error, reduce costs, and improve data security and compliance.
- During the past decade, the number of digital identities has exploded, driven by cloud technologies and machine identifications. A survey conducted by IDSA in 2022 revealed that 98% of security professionals have reported significant increases in the number of identities they manage, mostly as a result of cloud adoption, third-party relationships, and new machine identities.
- Digital identities are necessary to access software-as-a-service (SaaS) and cloud-hosted applications. These resources are often used across the organization, meaning every individual user requiring access will also need a digital account to represent them.