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Digital Identities and a Major Security Breach Headline This Week’s Top Stories Roundup

March 12, 2022

Digital identities dominate the headlines in this week’s roundup of top stories on Mobile ID World. We also take a look at a devastating security breach involving one of the world’s leading smartphone makers.

Digital Identities and a Major Security Breach Headline This Week's Top Stories Roundup

Our first story comes courtesy of the World Economic Forum (WEF), which has published a new report that advocates for the creation of a global digital identity scheme with data intermediaries. The intermediaries would essentially operate as identity brokers empowered to act on behalf of their clients, and would theoretically allow people to participate in an international ecosystem while still preserving a degree of privacy:

WEF Calls for Data Intermediaries in Global Digital Identity System

The second story narrows the focus to look at digital identities at a national level. More specifically, the Canadian Bankers Association (CBA) is calling for the creation of a federated digital identity system in Canada. The proposed system would share responsibility between the federal government, the provincial governments, and financial institutions, and echoes the WEF’s belief that banks are well-positioned for digital identity projects because they are already regulated and have the trust of the general public:

Canadian Bankers Voice Support for Federated National Digital Identity Scheme

Up next, Samsung has acknowledged that some of its Galaxy source code was compromised in a recent security breach. A hacking group has claimed credit for the attack, and has leaked roughly 190GB worth of sensitive data, including the source code for the Galaxy platform’s biometric unlocking algorithms and the Trusted Applets in its TrustZone security environment:

Biometric Algorithms, TrustZone Code Among Samsung Data Claimed By Hacker Group

From there, we move on to something slightly less incendiary. The cloud communications specialist Twilio has acquired Boku’s Identity business. Boku decided to ditch its identity portfolio to dedicate itself more fully to pursuing opportunities in the mobile payments sector:

Boku Sells Identity Business to Twilio to Focus on Mobile Payments

Finally, IDEMIA has renewed its driver’s license partnership with the state of California for another 12 years. The new deal could pave the way for digital IDs, with IDEMIA indicating that it will be supplying the state with new technologies that go beyond physical ID cards:

IDEMIA Signs 12-Year Driver’s License Contract With California, Aims For Innovation

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Keep reading Mobile ID World for the latest news from the world of digital identity. You can also visit our sibling site FindBiometrics to learn more about biometrics.

Filed Under: Carousel, Industry News, News Roundups Tagged With: Biometric, biometrics, digital ID programs, digital identity, Mobile ID, news roundups, roundups, security breaches, top news roundups, top stories, top stories roundups

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