ProcessBolt

Digital ID Proofing: Testing…Now Complete

Karen Austin
CEO   United States Cybersecurity Magazine

Digital Identity (ID) Proofing—also known as digital identity authentication or digital ID verification using computer technology—is an increasingly important aspect of online security.  Even if you’re doing business only online, you still need to be sure that your customers are who they say they are and that the information you collect about them is accurate.  This can be especially important in countries where people’s names might not always match their physical identity, or where it might be possible to use other people’s identification illegally.  Digital Identity Proofers will help you prevent fraud, keep your data and confidential information secure, and make sure you aren’t being impersonated by a fraudster.

5 Reasons Why Digital Identity Proofing is Important for Business owners Today

1. Prevent Fraud:   If someone steals your personal information or uses it without permission, they can open credit cards in your name or take out loans—all of which can damage your credit score and cost you money. Using a digital identity proofer helps protect against these types of frauds because it confirms that you own an email address or website domain before allowing access to it.

2. Keep Data Safe:  When you share sensitive information online (such as passwords), there’s always a risk that it could be intercepted by bad actors.  A Digital Identity Proofer adds another layer of security between your data and potential threats, making it harder for hackers to gain access to sensitive accounts.

3. Avoid Impersonation Identity Theft: This is not only about stealing financial information; sometimes, criminals use stolen identities to commit crimes in their victims’ names. A Digital Identity Proofer makes it easy to confirm that you are who you say you are—so if anyone tries to impersonate you online, you’ll know about it right away.

4. Protection of Reputation: Being vulnerable on social media can hurt your reputation with customers and colleagues alike.  A Digital Identity Proofer allows you to control how much information people see about you online, so if someone posts something inappropriate or inaccurate under your name, it’s easier to get rid of it.

5. Stay Compliant with Regulations:  Many businesses have strict privacy policies that require them to verify customer identities before sharing any information with them.  A Digital Identity Proofer simplifies compliance checks so employees don’t have to spend time manually verifying each new customer contact—and can focus instead on building relationships and generating revenue.

What Are the Advantages of Online Identity Proofers?

With so many websites, apps, and other online services trying to collect our personal data, it’s hard to know who to trust.  That’s where Digital Identity Proofers come in; they help you verify your identity online while keeping your information safe.  The most common use of these tools is to provide an added layer of security when signing up for a new service or account.  By providing a unique code or token from an identity proofer, you can ensure that someone else isn’t just pretending to be you—and that your personal information always remains secure and private.  Some examples of popular identity proofers include Google, Facebook, and Twitter.  While each one works slightly differently than others, they all share similar core features that allow users to sign into various accounts with ease.

3 Ways Digital Identity Proofers Work

1. They verify you are who you say you are by checking your social media profiles and performing web searches on your name, address, and phone number.

2. Check for inconsistencies in your data across multiple channels, and

3. Some Digital Identity Proofers will even scan your email inboxes to make sure there aren’t any emails that don’t match up with what you’ve entered into other fields.

The Value of Certified Data

With more of our lives and business being conducted online, digital identity assurance has never been more important.  In a digital world, it’s incredibly easy for an imposter or hacker to steal your identity—and in today’s information-driven economy, that means your business too.  You need a solution that can accurately verify your data and give you peace of mind before trusting any online transaction.  It’s time to put trust into something stronger than passwords alone.  It’s time for Digital ID Proofing.

Here are a few reasons why it’s essential to protect your online identity include:

The cost of stolen identities is on track to exceed $6 trillion by 2022.

ID theft is at its highest level since 2005.

Your Social Security number could be worth as much as $50 on illegal market websites.

But don’t panic—there are solutions that can help you secure your online identity and protect your business from fraudsters.  By verifying your data, these tools can also make it easier for you to do business with other companies that offer Digital ID Proofing, creating a more seamless and trustworthy experience across all your digital interactions.

Best Practice Tips for Using a Digital Identity Proofer

Before you can prove who you are online, you need a digital identity.  Fortunately, there are several vendors on the market that specialize in digital identity proofing services. When choosing a provider for digital identity proofing solutions for your business, it’s essential to evaluate all your options carefully so that you can select a solution that is right for your organization. Here are some tips to help you make an informed decision when selecting a digital identity proofer.

Determine which types of credentials your application requires.  For example, if you’re building a government-regulated application, you may require users to provide photo IDs such as passports or driver licenses as well as birth certificates and other forms of ID. Depending on what types of credentials are required by your application, you may need one or more different digital identity verification providers.  Consider whether any federal regulations apply to what information needs to be collected and how that information should be verified.

Conclusion

In conclusion, Digital ID Proofing solutions are essential for anyone doing online transactions.  The online marketplace is very dynamic. Even though security measures have been introduced by different players to ensure safety, using a Digital ID Proofing solution will allow you to further secure your information and stay safe while browsing on different sites.  It’s also important to note that some companies offer Digital ID Proofing solutions that aren’t as effective as others; therefore, make sure to do your research.


Karen Austin

Tags: , , , ,